Mongolia

The other direction

What America sells to Mongolia

$234M in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.

Policy in motion

Tariff status: a moving target

No U.S. tariff action names Mongolia. These are the universal measures — applied to every country without a country-specific arrangement — that set its treatment.

1. 2026-04-06

   Section 232 metals coverage expanded

   In effect

   The April 2026 proclamation strengthening Section 232 actions on aluminum, steel, and copper expanded derivative-product coverage for all countries, keeping the general metals rate at 50%.

   91 FR 18201 →

2. 2026-02-24

   IEEPA reciprocal tariffs terminated — replaced by 10% Section 122 surcharge

   In effect

   Executive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties — including the EO 14257 reciprocal baseline — effective February 24, 2026. A flat 10% Section 122 temporary import surcharge (Proclamation 11012 of February 20, 2026) replaced them, leaving the universal rate unchanged at 10% on a different statutory basis. Section 122 caps such surcharges at 150 days, so this 10% surcharge is scheduled to lapse on or about July 23, 2026 absent further action (the administration has signaled it could raise the rate toward the 15% statutory maximum).

   91 FR 9437 →

3. 2025-11-13

   Agricultural products exempted from reciprocal tariffs

   In effect

   Executive Order 14360 of November 14, 2025 removed reciprocal duties from certain agricultural products listed in its annexes (coffee, cocoa, bananas, and other goods the U.S. does not produce in sufficient quantity), retroactive to November 13, 2025 — for all countries subject to the reciprocal tariff.

   90 FR 54091 →

4. 2025-06-04

   Section 232 steel and aluminum duties doubled to 50%

   In effect

   The June 3, 2025 proclamation raised Section 232 duties on steel and aluminum articles and derivatives from 25% to 50% for all countries, effective June 4, 2025.

   90 FR 24199 →

5. 2025-04-05

   Universal 10% reciprocal baseline takes effect

   In effect

   Executive Order 14257 (signed April 2, 2025) imposed a 10% ad valorem reciprocal duty on imports from all trading partners, effective April 5, 2025. Countries without a higher Annex I rate remain at this baseline.

   Federal Register · 2025-06063 →

6. 2025-03-12

   Section 232 steel and aluminum duties set at 25% for all countries

   In effect

   Proclamations of February 10, 2025 terminated all country exemptions and quota arrangements and applied 25% Section 232 duties to steel and aluminum imports from every country, effective March 12, 2025.

   90 FR 9817 →

Reference

The country itself

East N Southeast Asia · Geography, people, economy, and government — public-domain data from the CIA World Factbook.

The peoples of Mongolia have a long history under a number of nomadic empires dating back to the Xiongnu in the 4th century B.C., and the name Mongol goes back to at least the 11th century A.D. The most famous Mongol, TEMÜÜJIN (aka Genghis Khan), emerged as the ruler of all Mongols in the early 1200s. By the time of his death in 1227, he had created through conquest a Mongol Empire that extended across much of Eurasia. His descendants, including ÖGÖDEI and KHUBILAI (aka Kublai Khan), continued to conquer Eastern Europe, the Middle East, and the rest of China, where KHUBILAI established the Yuan Dynasty in the 1270s. The Mongols attempted to invade Japan and Java before their empire broke apart in the 14th century. In the 17th century, Mongolia fell under the rule of the Manchus of the Chinese Qing Dynasty. After Manchu rule collapsed in 1911, Mongolia declared independence, finally winning it in 1921 with help from the Soviet Union. Mongolia became a socialist state (the Mongolian People’s Republic) in 1924. Until the collapse of the Soviet Union in 1989, Mongolia was a Soviet satellite state and relied heavily on economic, military, and political assistance from Moscow. The period was also marked by purges, political repression, economic stagnation, and tensions with China. Mongolia peacefully transitioned to an independent democracy in 1990. In 1992, it adopted a new constitution and established a free-market economy. Since the country's transition, it has conducted a series of successful presidential and legislative elections. Throughout the period, the ex-communist Mongolian People's Revolutionary Party -- which took the name Mongolian People’s Party (MPP) in 2010 -- has competed for political power with the Democratic Party and several other smaller parties. For most of its democratic history, Mongolia has had a divided government, with the presidency and the parliamentary majority held by different parties but that changed in 2021, when the MPP won the presidency after having secured a supermajority in parliament in 2020. Mongolia’s June 2021 presidential election delivered a decisive victory for MPP candidate Ukhnaagiin KHURELSUKH. Mongolia maintains close cultural, political, and military ties with Russia, while China is its largest economic partner. Mongolia’s foreign relations are focused on preserving its autonomy by balancing relations with China and Russia, as well as its other major partners, Japan, South Korea, and the US.