Policy and Supply Chain Tracker

SOCMA is actively tracking policy and regulatory shifts under the Trump administration that impact the specialty chemical industry. This hub serves as your one-stop resource for staying informed about trade policies, regulatory changes, supply chain disruptions, and advocacy efforts.

Get timely insights on tariffs, environmental rules, permitting changes, and global trade to navigate the evolving landscape effectively.

Tariff Tracker

Posted (or announced) Date	Tariff/Trade Action	Additional Information	Date Effective
July 22, 2025	Announcement of Trade Deal with Japan	Japanese goods will face a 15% tariff, a reduction from the previously imposed 25%. President Trump’s announcement is linked here.	Immediate
July 15, 2025	Announcement of Trade Deal with Indonesia	Eight days after President Trump sent a letter announcing 32% tariffs beginning August 1, President Trump announced on Truth Social that the U.S. and Indonesia had agreed to a trade deal. In the deal, according to the President, Indonesia committed “to purchasing $15 Billion Dollars in U.S. Energy, $4.5 Billion Dollars in American Agricultural Products, and 50 Boeing Jets.” He also stated that Indonesian goods will face a 19% tariff and Indonesia will not impose tariffs on U.S. goods. Finally, it was noted in cases where shipments originate in other countries with higher tariff rates, “then that Tariff will be added on to the Tariff that Indonesia is paying.” Additional details on the deal are still being worked out between U.S. and Indonesian parties, according to reports. President Trump’s announcement is linked here.	Unclear – Deal details still being finalized between countries
July 12, 2025	IEEPA	30% tariff on EU – the letter promised no tariffs on manufacturing companies that decide to build in the US	August 1, 2025
July 12, 2025	IEEPA	30% tariffs on Mexico – currently 25% tariff on non-USMCA goods and 50% on steel and aluminum	August 1, 2025
July 10, 2025	IEEPA	35% tariff on Canada. Unclear on USMCA exemptions, but possible. An increase from the previously threatened 25%	August 1, 2025
July 7, 2025	IEEPA	Previously announced tariff rates (which vary by country) will be enforced unless the individual country takes “significant steps to remedy non-reciprocal trade arrangements and align sufficiently with the United States on economic and national security matters” Extending the Modification of the Reciprocal Tariff Rates	August 1, 2025
July 7, 2025	IEEPA	25% tariffs on Japan and South Korean – threat to raise tariffs if countries retaliate	August 1, 2025
May 28, 2025	US Court of International Trade ruling	The US Court of International Trade ruled that tariffs levied through IEEPA on imports from Canada, Mexico, and China to address the fentanyl and border “emergency” were beyond the authority granted by IEEPA; this pause was immediately overridden by an appeal and subsequent stay of the order, allowing the tariffs to stay in place.	Immediate
May 12, 2025	China removes certain retaliatory tariffs on the US	China issued a policy interpretation stating it is reducing its retaliatory tariffs announced April 4 (and subsequent amendments of April 9 and 11). This resets the additional retaliatory tariff increase on imports from the US from 125 percent to 10 percent, starting May 14, for 90 days while the countries continue negotiating. China also indicates it will take necessary measures to suspend or cancel the non-tariff countermeasures against the US that were announced in response to the US tariffs of April 2, presumably meaning its new export controls and entity listings announced on April 4 and 9.	Immediate
May 12, 2025	Executive Order to lower certain additional tariffs on Chinese imports	This EO modified the tariff levels implemented by the EO on April 2 (and subsequent amendments of April 8, 9, and 11), returning tariff levels to 10% for 90 days while the two countries continued to negotiate economic terms. This order did not affect tariffs levied on imports from China earlier under Section 301 or the IEEPA actions over fentanyl and border security imposed on February 4 and March 4.	Immediate
May 8, 2025	Announcement of Potential US-UK Economic Prosperity Deal	The White House announces and provides a fact sheet for a future US-UK Economic Prosperity Deal (EPD), which includes the potential for the UK to lower tariffs on US beef, and a US quota of 100,000 vehicles for the UK to export to the US at a tariff rate of 10 percent (and not the 25 percent additional tariff resulting from the Section 232 investigation).	No formal agreement is made
April 29, 2025	Executive Order to Address tariff “stacking”	This EO clarified that certain tariffs invoked under the authorities of the International Emergency Economic Powers Act, National Emergencies Act, section 604 of the Trade Act of 1974, section 232 of the Trade Expansion Act of 1962, and Section 301 of title 3 of the United States Code are no longer applied cumulatively. The order also outlines a procedure for determining which of multiple tariffs on an article will be applied, should an article be subject to multiple duties. Cumulative tariffs will still be possible for articles that are pursuant to certain actions. For example, tariffs levied by the Proclamation 9704 of March 8, 2018 (Adjusting Imports of Aluminum Into the United States), as amended by Proclamation 9980 of January 24, 2020 (Adjusting Imports of Derivative Aluminum Articles and Derivative Steel Articles Into the United States), and Proclamation 10895 of February 10, 2025 Adjusting Imports of Aluminum Into the United States), will still be subject to additional tariffs levied by Proclamation 9705 of March 8, 2018 (Adjusting Imports of Steel Into the United States), as amended by Proclamation 9980 of January 24, 2020 (Adjusting Imports of Derivative Aluminum Articles and Derivative Steel Articles Into the United States), and Proclamation 10896 of February 10, 2025 (Adjusting Imports of Steel Into the United States)	Immediate
April 11, 2025	China announces additional retaliatory tariffs	In response to the U.S.’s April 9th additional tariffs on Chinese imports, China announced it would match the 125% tariff rate.	April 12
April 10, 2025	EU pauses retaliatory measures	European Commission President Ursula von der Leyen released a statement pausing countermeasures announced on April 9 for 90 days.	Immediate
April 9, 2025	EU votes to impose retaliatory tariffs	EU votes to impose €22 billion for the US steel and aluminum tariffs of March 12	April 15

Participate!

SOCMA needs input from members on all policy-related matters. The best way to receive updates and ensure your teams stay informed on critical regulatory/legislative issues directly impacting your facility is through participation in Government Relations-based SOCMA committees. Participation levels vary from company to company and individual to individual. Some members simply receive email updates on new laws and regulations, others work directly with the GR team to develop SOCMA regulatory/legislative direction and activity, while others participate by delivering testimony, comments, and other opportunities to educate key policymakers.

Contact government.relations@socma.org to learn more!

Contact SOCMA

Robert Helminiak
Vice President, Legal & Government Relations
government.relations@socma.org

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