Raw Materials

What's the Tariff on Uranium?

Uranium exempt from current tariff actions.

💡
The 0% tariff on Uranium is paid by American importers, not foreign manufacturers. Your 1 lb U3O8 now costs $85 instead of $85 — that's $0 more, or 0% of the sticker price going directly to tariff taxes.

Current Tariff Rate

0%

Pre-2025 Rate

0%

Rate Increase

+0pp

Price Impact

+0%

+$0

Real-World Price Impact

Before Tariffs

$85

1 lb U3O8

After Tariffs

$85

1 lb U3O8

That's $0 more per unit — a 0% price increase paid by the American buyer.

Note: Price estimates assume full tariff pass-through to consumers. Actual retail prices may vary — manufacturers may absorb some costs, shift production, or adjust margins.

The Story Behind This Tariff

Uranium's exemption from the 2025 tariff wave reflects its unique status at the intersection of energy security and nuclear nonproliferation. The US is the world's largest consumer of uranium — 93 commercial nuclear reactors require roughly 40 million pounds annually — but domestic production has collapsed to under 1 million pounds, a 97% import dependency. Kazakhstan, Canada, and Australia supply the bulk of US uranium, with Russia's Rosatom enrichment services handling a significant share of fuel processing. The exemption is pragmatic: tariffing uranium would raise electricity costs for the 20% of Americans powered by nuclear energy and potentially disrupt fuel supply for reactors that cannot simply switch sources mid-cycle. The 2024 ban on Russian uranium imports (HAFTA Act) already strained supply chains. Additional tariffs could push utilities toward coal or gas, undermining both energy security and climate goals. Congress quietly ensured uranium stayed off every tariff list.

📦 Supply Chain

Primary Origin

Kazakhstan

Made in USA

3%

Import Volume

.9B

Alternatives

Canada (Cameco), Australia, Namibia

📅 Tariff Timeline

1992

Russian Suspension Agreement limits uranium imports post-Cold War

Quota

2019

Section 232 uranium investigation — tariffs rejected

0%

2024

HAFTA Act bans Russian enriched uranium imports

Ban

2025

Uranium exempted from all IEEPA and Section 122 actions

0%

👥 Consumer Impact

Households Affected

0M

Annual Cost Per Household

/bin/bash

💡 Did You Know?

  • The US has 93 nuclear reactors requiring 40 million pounds of uranium annually but produces less than 1 million pounds domestically
  • A single uranium fuel pellet the size of a pencil eraser contains as much energy as 17,000 cubic feet of natural gas
  • Russia enriches roughly 24% of global uranium fuel supply — the 2024 import ban created a scramble for alternative enrichment capacity

Tariff Details

HTS Code
2844.10
Current Rate
0%
Pre-2025 Rate
0%
Tariff Type
Exempt

Legal Authority

Exempt

Effective: 2025

Tariff imposed under presidential trade authority

The tariff on Uranium is paid by the American importer at the port of entry and passed through to consumers as higher retail prices. The foreign manufacturer does not pay the tariff.

Who Actually Pays This Tariff?

Despite claims that tariffs are paid by foreign countries, the 0% tariff on Uranium is paid by American importers — US companies that purchase these goods from abroad. The cost is then passed to American consumers through higher retail prices.

  • ✓ The foreign seller receives the same price as before
  • ✓ The US importer pays 0% of the customs value to CBP
  • ✓ The retailer marks up the higher landed cost
  • ✓ You pay more at the register: $85 → $85

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