The Firewall with Ports

How exemptions reduce headline tariffs to effective rates — Feb 2026
Each bar represents a country's total imports to the US. The green portion is exempt (FTAs, Annex II, deal carve-outs). The red portion is actually taxed. The headline rate is crossed out. The effective rate is what's really paid. Hover for the full math.
Country
Imports
Exempt    Taxed
Headline
Effective
Headline Avg
13.5%
Highest since WWII
Effective Avg
9.9%
Highest since 1946
Imports Exempt
50%
By Dec 2025
China's share of revenue
43%
$95B of $222B