Spain to US Tariff Rates 2026: 10% on Most Goods

Spain is covered by the EU-US trade deal effective July 1, 2026: most Spanish goods now face a 10% net of Column 1 for ordinary goods (15% only in lieu of Section 232 for autos, qualifying semiconductor articles, and drones) US tariff ceiling with no stacking — goods whose MFN rate is 15% or higher pay MFN only. This replaced the 10% Section 122 tariff that applied from Feb 24 to June 30, 2026. As the world's #1 olive oil producer, Spain's signature export now pays a flat 15%, and from Sept 1, 2026 Spanish cork — an 'unavailable natural resource' under the deal — reverts to MFN-only rates. Steel and aluminum from the EU remain at 50% Section 232 on wholly-metal articles.

Spain is a mid-tier EU exporter to the US, with strengths in agricultural products, vehicles, and industrial goods. As an EU member, Spain trades under the bloc-wide EU-US deal terms and cannot negotiate independently. Spain produces nearly half the world's olive oil and is a top wine exporter by volume. Spanish manufacturing has grown in automotive (SEAT, plants for Volkswagen and Renault), ceramic tiles (Castellon province produces the majority of European tiles), and renewable energy equipment (wind turbines, solar components).

Key Products Imported from Spain

Top imports include olive oil, wine and sherry, vehicles and auto parts, machinery, ceramic tiles, footwear, pharmaceuticals, renewable energy equipment, and cork products. Spain is the world's leading producer of olive oil and a top wine exporter by volume.

Recent Changes

The timeline: Feb 20, 2026 — SCOTUS struck down IEEPA tariffs 6-3, dropping Spain from 20% to the 10% Section 122 rate (effective Feb 24). July 1, 2026 — the EU-US trade deal took effect, moving Spain off Section 122 and onto a 10% net of Column 1 for ordinary goods (15% only in lieu of Section 232 for autos, qualifying semiconductor articles, and drones) ceiling with no stacking; goods with MFN rates of 15%+ pay MFN only. Spanish autos (SEAT, and VW/Renault plants) now enter at a flat 15% in lieu of the 27.5% Section 232 auto regime; pharmaceuticals and semiconductors are capped at 15%; steel and aluminum from the EU remain at 50% Section 232; and alcoholic beverages remain subject to further negotiation. From Sept 1, 2026, cork and other unavailable natural resources, aircraft and aircraft parts, and generic pharmaceuticals plus ingredients revert to MFN-only. In exchange, the EU eliminated duties on US industrial goods July 1. Spanish olive oil, which previously faced Airbus-dispute tariffs (since suspended), trades at the flat 15% deal rate. Spain's renewable energy equipment exports to the US continue growing, driven by US clean energy incentives.

Tips for Importers

Under the EU deal, Spanish olive oil pays a flat 10% net of Column 1 for ordinary goods (15% only in lieu of Section 232 for autos, qualifying semiconductor articles, and drones) — the MFN duty (3.4 cents/kg for virgin) no longer stacks on top. Spain produces ~50% of the world's supply, and few alternatives match its quality and volume. Sherry and Spanish wines fall under the 15% ceiling (alcoholic beverages remain subject to further negotiation), still disadvantaged versus Chilean (FTA duty-free) and Australian (AUSFTA duty-free) wines. Cork importers should note the Sept 1, 2026 change: cork reverts to MFN-only rates as an unavailable natural resource — consider timing large orders after that date. Ceramic tile pays the flat 15% ceiling regardless of tile type, simplifying what used to be a classification-sensitive calculation. Renewable energy equipment (wind turbine components, solar inverters) also pays the flat 15%. Unlike Section 122 (which expired July 24, 2026 and was replaced by the Section 301 forced-labor tariff for non-EU countries), the EU deal rate has no built-in sunset.

Spain-US Trade Relationship

Spain is the 25th-largest US goods trading partner, with bilateral trade totaling roughly $30 billion annually. The US exported approximately $15 billion in goods to Spain in 2025, led by liquefied natural gas (LNG), aircraft, and medical equipment. Spain's exports to the US are concentrated in agricultural products, vehicles assembled at Volkswagen and Renault plants near Barcelona, and high-value manufactured goods. Spain is an EU member state and cannot negotiate bilateral trade terms with the US independently — all tariff policy flows through EU trade representatives in Brussels. Spanish exporters have ridden two rate changes in 2026: the SCOTUS ruling cut the IEEPA-era 20% to a 10% Section 122 rate in February, and the EU-US trade deal effective July 1, 2026 replaced that with a 10% net of Column 1 for ordinary goods (15% only in lieu of Section 232 for autos, qualifying semiconductor articles, and drones) ceiling — higher than the interim 10%, but permanent, predictable, and free of stacking. For olive oil alone — Spain's signature export, a market worth over $700 million in annual US imports — the flat 15% replaces a surcharge-plus-MFN structure. Spanish cork gains the most: from Sept 1, 2026 it reverts to MFN-only rates as an 'unavailable natural resource' under the deal. No comprehensive free trade agreement is on the near-term horizon.