What tariffs are costing

Vermont

#48 of 52 nationwide by executive tariff cost →

Executive tariffs have cost Vermont an estimated $212 million since January 2025 — the 48th-highest total in the country. About 64% of that fell on raw materials, parts, and equipment that Vermont manufacturers buy, and the hardest-hit category is ag & construction equipment at $31 million. Estimates prepared by Trade Partnership Worldwide for the National Taxpayers Union Foundation.

Last updated · Data through Q2 2026

Estimated Tariffs on Imports into Vermont

$0M$5M$10M$15M$20M$25MDec-23Mar-24Jun-24Sep-24Dec-24Mar-25Jun-25Sep-25Dec-25Mar-26Jun-26
Statutory tariffs Executive tariffs
$212M

in executive tariffs imposed by the president since January 2025.

64%

of executive tariffs were on raw materials, parts, and equipment that help manufacturers in Vermont remain competitive.

Key Vermont Imports Facing Executive Tariffs

Ag & construction equipment
$31M
extra tariffs paid
since Jan. 2025
10.0%
Avg. tariff,
July 2025–June 2026
37× the 2024 rate of 0.3%
Clothes & shoes
$23M
extra tariffs paid
since Jan. 2025
23.4%
Avg. tariff,
July 2025–June 2026
1.5× the 2024 rate of 15.5%
Metal products
$16M
extra tariffs paid
since Jan. 2025
14.1%
Avg. tariff,
July 2025–June 2026
4.5× the 2024 rate of 3.2%
Toys & games
$12M
extra tariffs paid
since Jan. 2025
24.0%
Avg. tariff,
July 2025–June 2026
4.4× the 2024 rate of 5.4%

How does Vermont compare?

Vermont tariff costs — quick answers

How much have tariffs cost Vermont?

Executive tariffs have cost Vermont an estimated $212 million since January 2025, according to the National Taxpayers Union Foundation's State Tariffs Tracker (data through Q2 2026).

What share of Vermont's tariff costs falls on manufacturers?

An estimated 64% of executive tariffs on imports into Vermont applied to raw materials, parts, and equipment — the inputs Vermont manufacturers rely on to produce goods and compete.

Which Vermont imports face the highest tariff costs?

The hardest-hit import category in Vermont is ag & construction equipment, with an estimated $31 million in additional tariffs paid since January 2025 at an average tariff rate of 10.0%.

How often are these numbers updated?

Figures are updated quarterly, the same day new data is released, using estimates prepared by Trade Partnership Worldwide for the National Taxpayers Union Foundation.

Data through Q2 2026 · Estimates prepared by Trade Partnership Worldwide · Methodology

About National Taxpayers Union Foundation

NTUF is the research and educational affiliate of the National Taxpayers Union, showing Americans how taxes, government spending, and regulations affect them. The State Tariffs Tracker is part of NTUF’s Free Trade Initiative.