US Tariff Exposure
US Tariffs on Portugal
Updated August 2026 · source: USTR Section 301 & Federal Register
Portugal produces most of the world's cork (for wine bottles), plus Port wine and quality footwear. A 20% tariff means your wine cork, Portuguese shoes, and Port wine cost more.
Portugal tariff rates by sector
| Sector | US tariff rate | Source |
|---|---|---|
| Footwear | 20% | USTR / official |
| Cork Products | 20% | USTR / official |
| Wine | 20% | USTR / official |
| Cork Products | 20% | USTR / official |
| Footwear | 20% | USTR / official |
Portugal trade & debt exposure to the US
- U.S. Treasury Holdings $2.4B Small holdings
- Trade Deficit (Annual) $3.1B 2024 goods trade deficit
Portugal tariffs — FAQ
What is the US tariff rate on Portugal?
Portugal faces an effective US tariff of 20%, with Footwear seeing the highest sector rate at 20%. Rates are drawn from USTR Section 301 schedules and recent Federal Register actions.
Which Portugal sectors are hit hardest by US tariffs?
Footwear (20%), Cork Products (20%), Wine (20%).
What does Portugal's tariff impact score mean?
32/100 — 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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