According to recently released U.S. Customs and Border Protection (CBP) data, the agency has assessed, as a result of tariffs implemented through U.S. government actions under Section 232 of the Trade Expansion Act of 1962 and Sections 201 and 301 of the Trade Act of 1974, approximately $52.9 billion in import duties as of January 8, 2020 (see CBP’s trade statistics page).
The table below shows that U.S. importers paid more than $42.58 billion in duties from the Section 301 tariffs on imports from China and, as of October 9, 2019, the Section 301 tariffs for certain products of the European Union related to U.S. retaliation resulting from the WTO Large Civil Aircraft Dispute; more than $8.53 billion under the Section 232 tariffs on steel and aluminum; and another $1.42 billion in duties under the Section 201 safeguard actions involving washing machines and solar cells.
|Trade Remedy Enforcement||Imported Products||Total Duties Assessed|
|Section 201 Duty Assessment||Washing Machines||$167,335,722.10|
|Washing Machine Parts||$1,677,105.55|
|Section 232 Duty Assessment||Aluminum||$1,932,725,184.56|
|Section 301 Duty Assessment||China||$42,781,011,047.60|
When CBP last reported on these trade figures (see Trump and Trade Update of July 29, 2019), the total amount of these tariff collections was $30.9 billion. In the second half of 2019, the most significant increase under these enforcement actions has been the additional $20 billion collected in the ongoing Section 301 trade action against China.