Tariff Rate Comparison
Mining Equipment| Rate Type | ||
|---|---|---|
| MFN Base RateMost Favored Nation tariff | 2.00% | 2.00% |
| Section 122Emergency surcharge (expires ~Jul 24, 2026) | 15.00% | 0.00% |
| Section 232Steel & aluminum tariff | N/A | N/A |
| Section 301China-only additional tariff | N/A | N/A |
| Bilateral DealNegotiated rate replaces S122 | N/A | 35.00% |
| Total Effective Rate | 17.00% | 37.00% |
Rate Comparison by Product Category
| Product | Australia | Canada | Savings ($10K) |
|---|---|---|---|
| mining equipment | 17.0% | 37.0% | $2,110 |
| lumber wood products | 12.5% | 37.5% | $2,638 |
| industrial machinery | 17.0% | 37.0% | $2,110 |
| chemicals industrial compounds | 18.5% | 38.5% | $2,110 |
| agricultural equipment | 17.0% | 37.0% | $2,110 |
Trade Agreement Status
Australia has no bilateral agreement with the US and faces the standard Section 122 rate of 15% on most imports. Canada is a USMCA member — qualifying goods enter the US duty-free at 0%. For products under Section 232 national security tariffs, the bilateral deal or Section 122 rate does not apply — S232 rates govern instead. China-origin goods additionally face Section 301 tariffs that stack on top of all other duties, making trade agreement status a defining factor in the total tariff burden.
When to Source from Each Country
Australia offers lower tariff rates across all focus product categories in this comparison, making it the more cost-effective sourcing origin from a tariff perspective. Source from Canada when its supplier relationships, product specialization, or geographic advantages outweigh the tariff cost differential. Always model total landed cost — including freight, insurance, MPF, and HMF fees — before finalizing sourcing decisions.
Full Landed Cost — $10,000 Shipment
Mining EquipmentFull Landed Cost Breakdown
Based on a $10,000 ocean shipment (FOB value)
Full Landed Cost Breakdown
Based on a $10,000 ocean shipment (FOB value)
Savings Analysis
On a $10,000 shipment of mining equipment, importing from Australia saves $2,110 in duties compared to Canada — a 54.1% reduction in total import costs. Australia incurs $1,794 in duties on the $10,000 shipment, while Canada incurs $3,904. This difference compounds across larger order volumes and is a key factor in supplier selection decisions for importers sourcing mining equipment.
Frequently Asked Questions
The total effective tariff rate on mining equipment is 17% from Australia and 37% from Canada under current 2026 tariff policy. These rates include the MFN base rate, applicable Section 122 surcharge or bilateral deal rate, Section 232 duties for covered products, and Section 301 tariffs for Chinese goods. Use the CalcMyTariff.com calculator above to enter your specific invoice value and shipping details for a precise landed cost breakdown.
Australia does not have a formal trade agreement with the United States. Imports from Australia are subject to the standard Section 122 global surcharge of 15% on most goods, stacked on top of MFN base rates.
Yes, Canada is a USMCA member. Qualifying goods enter the US duty-free at 0%, making Canada one of the most competitive sourcing origins for tariff purposes. Non-qualifying goods face standard tariff rates.
Australia is cheaper for lumber wood products with a 12.5% total tariff rate, compared to 37.5% from Canada. On a $10,000 shipment, this 25% rate difference saves $2,500 in duties when sourcing from Australia.
Section 122, enacted in February 2026 for up to 150 days, imposes a global surcharge on most US imports. Australia faces Section 122 at 15%. Canada's bilateral deal rate of 35% replaces Section 122. Note that Section 122 is scheduled to expire on July 24, 2026 — importers should model both current and post-expiry scenarios when planning shipments.