Tariff Rate Comparison
Steel & Iron Products| Rate Type |  Brazil |  Colombia |
|---|---|---|
| MFN Base RateMost Favored Nation tariff | 3.00% | 3.00% |
| Section 122Emergency surcharge (expires ~Jul 24, 2026) | 0.00% | 0.00% |
| Section 232Steel & aluminum tariff | 50.00% | 50.00% |
| Section 301China-only additional tariff | N/A | N/A |
| Bilateral DealNegotiated rate replaces S122 | N/A | N/A |
| Total Effective Rate | 53.00% | 53.00% |
Rate Comparison by Product Category
| Product | Brazil | Colombia | Savings ($10K) |
|---|---|---|---|
| steel iron products | 53.0% | 53.0% | $0 |
| coffee tea | 0.0% | 0.0% | $0 |
| chemicals industrial compounds | 18.5% | 18.5% | $0 |
| industrial machinery | 17.0% | 17.0% | $0 |
| fresh produce | 5.0% | 5.0% | $0 |
Trade Agreement Status
Brazil has no bilateral agreement with the US and faces the standard Section 122 rate of 15% on most imports. Colombia has no bilateral agreement with the US and faces the standard Section 122 rate of 15% on most imports. 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
Brazil 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 Colombia 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
Steel & Iron ProductsBrazilFull Landed Cost Breakdown
Based on a $10,000 ocean shipment (FOB value)
ColombiaFull Landed Cost Breakdown
Based on a $10,000 ocean shipment (FOB value)
Savings Analysis
On a $10,000 shipment of steel iron products, importing from Brazil saves $0 in duties compared to Colombia — a 0% reduction in total import costs. Brazil incurs $5,592 in duties on the $10,000 shipment, while Colombia incurs $5,592. This difference compounds across larger order volumes and is a key factor in supplier selection decisions for importers sourcing steel iron products.
Frequently Asked Questions
The total effective tariff rate on steel iron products is 53% from Brazil and 53% from Colombia 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.
Brazil does not have a formal trade agreement with the United States. Imports from Brazil are subject to the standard Section 122 global surcharge of 15% on most goods, stacked on top of MFN base rates.
Colombia does not have a bilateral trade agreement with the US. Standard Section 122 surcharge rates apply on top of MFN base rates for imports from Colombia.
Brazil is cheaper for coffee tea with a 0% total tariff rate, compared to 0% from Colombia. On a $10,000 shipment, this 0% rate difference saves $0 in duties when sourcing from Brazil.
Section 122, enacted in February 2026 for up to 150 days, imposes a global surcharge on most US imports. Brazil is exempt from Section 122 for this product category. Colombia is exempt from Section 122 for this product category. Note that Section 122 is scheduled to expire on July 24, 2026 — importers should model both current and post-expiry scenarios when planning shipments.