US Tariff Exposure
US Tariffs on Belgium
Updated August 2026 · source: USTR Section 301 & Federal Register
Belgium is a global diamond trading hub and home to major pharma companies. A 20% tariff raises diamond jewelry costs. Belgium also holds over $330B in U.S. treasuries through the Euroclear clearinghouse.
Belgium tariff rates by sector
| Sector | US tariff rate | Source |
|---|---|---|
| Diamonds | 20% | USTR / official |
| Pharmaceuticals | 20% | USTR / official |
| Chemicals | 20% | USTR / official |
| Diamonds | 20% | USTR / official |
| Pharmaceuticals | 20% | USTR / official |
Belgium trade & debt exposure to the US
- U.S. Treasury Holdings $331.2B Major holder via Euroclear
- Trade Deficit (Annual) $14.1B 2024 goods trade deficit
Belgium tariffs — FAQ
What is the US tariff rate on Belgium?
Belgium faces an effective US tariff of 20%, with Diamonds seeing the highest sector rate at 20%. Rates are drawn from USTR Section 301 schedules and recent Federal Register actions.
Which Belgium sectors are hit hardest by US tariffs?
Diamonds (20%), Pharmaceuticals (20%), Chemicals (20%).
What does Belgium's tariff impact score mean?
39/100 — FinBrio's impact score combines the headline tariff rate, how many sectors are affected, and the country's trade exposure to the US into a single 0–100 measure of how hard US trade policy hits it.
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