Trump’s Trade Deals, Negotiations, Tariffs for Each Country

Updated: July 16, 2025 4:07 PM EDT | Originally published: July 7, 2025 6:00 AM EDT

For many countries, the reprieve from President Donald Trump’s eye-watering global tariffs, which were first announced on April 2 and temporarily reduced to 10% a week later, is soon set to come to an end.

Trump granted a 90-day pause for most countries, during which his Administration pledged to negotiate deals with trading partners. This deadline was set to expire on Wednesday, July 9, but the White House confirmed on July 7 that it would push back the start for the hiked tariffs to Aug. 1.

Since July 7, Trump has been sending out new tariff rates for countries across the globe, including major trading partners Canada, Japan, South Korea, and the European Union (E.U.). He said on July 8 that his Administration views the unilateral tariff rates as deals, though the letters shared thus far do not describe negotiated trade deals.

Trump has so far announced four deals—with the U.K., China, Vietnam, and Indonesia.

Trump’s so-called “reciprocal” tariffs are in addition to industry-specific tariffs, including a 25% tariff on cars and car parts and a 50% tariff on steel and aluminium imports. Trump said at a July 8 Cabinet meeting that he might also impose a 50% tariff on copper imports—which he confirmed the following day would start on Aug. 1—after a Commerce Department review, and he threatened tariffs of as high as 200% on pharmaceuticals.

The President told reporters on July 15 that the tariffs on drugs could come as soon as the end of the month. “We’re going to start off with a low tariff and give the pharmaceutical companies a year or so to build, and then we’re going to make it a very high tariff,” he said, adding that tariffs on semiconductors would follow a “similar” timeline.

This all comes after Trump warned in a July 6 Truth Social post that countries “aligning themselves with the anti-American policies of BRICS, will be charged an additional 10% tariff. ” He went on to say there would be “no exceptions” to the policy. BRICS, an intergovernmental group of major emerging economies that includes Russia, China, and Iran, condemned the tariffs threat.

But Trump has indicated across the board that negotiations are still on the table.

“If you wish to open your heretofore closed trading markets to the United States, and eliminate your tariff, and non tariff, policies and trade barriers, we will, perhaps, consider an adjustment to this letter,” his letters to various countries have stated. “These tariffs may be modified, upward or downward, depending on our relationship with your country. You will never be disappointed with The United States of America.”

Trump’s pattern of making bold declarations before abruptly switching tack, as he has done on tariffs and other matters, has earned him the nickname “TACO” for “Trump Always Chickens Out.”

Smaller trading partners, which were among the hardest hit by Trump’s Liberation Day “reciprocal” tariffs, have, so far, largely been sidelined in negotiations. Trump told reporters on July 15 that at least 100 nations, mainly in Africa and the Caribbean, could get “one tariff for all of them” set at “a little over 10%.”

Meanwhile, challenges to Trump’s tariffs remain: a group of small businesses is urging a federal appeals court to block Trump’s levies after the U.S. Court of International Trade earlier found the President’s broad tariffs illegal.

Here’s what we know so far about the Trump Administration’s deals and negotiations with various countries:

Algeria

Algeria’s “reciprocal” tariff rate starting August remains unchanged from April at 30%, Trump announced July 9.

Bangladesh

Imports from Bangladesh will be tariffed at 35% starting in August if the country doesn’t make a deal with the U.S., Trump said on July 7. The new rate marks a reduction from the initial “reciprocal” tariff of 37% imposed in April. Bangladesh supplies mainly ready-made garments to the U.S., with the sector employing millions of Bangladeshi workers and making up around 80% of the country’s total exports.

Bangladeshi Commerce Secretary Mahbubur Rahman told Bloomberg earlier on July 7 that the country’s interim government has had “at least seven rounds of negotiations, both virtual and in-person, and we expect a positive outcome.”

Bosnia and Herzegovina

Bosnia will face a 30% tariff, per Trump’s letter on July 7. That’s down from the 35% rate initially imposed in April.

Trump initially addressed Bosnia and Herzegovina’s female leader, Željka Cvijanović, as “Mr. President.” He later issued a corrected letter addressed to “Madam President.”

Brazil

Brazil will face a staggering 50% tariff in August, with Trump citing “grave injustices” against the country’s former President Jair Bolsonaro, who is being prosecuted on charges of attempting to launch a coup to stay in office in 2022.

“It is a Witch Hunt that should end IMMEDIATELY!” Trump said in a letter shared on Truth Social on July 9. The new rate is five times of the 10% rate imposed in April.

Trump also pointed to Brazil’s “unsustainable Trade Deficits” with the U.S., although the U.S. had an over $7 billion trade surplus with Brazil last year. The Office of the U.S. Trade Representative on July 15 opened a Section 301 probe into Brazil over its practices “related to digital trade and electronic payment services; unfair, preferential tariffs; anti-corruption interference; intellectual property protection; ethanol market access; and illegal deforestation.”

Brazilian President Luiz Inácio Lula da Silva posted on X after Trump’s announcement, “Brazil is a sovereign nation with independent institutions and will not accept any form of tutelage.” In a rare direct confrontation to Trump among world leaders, he added that tariff hikes on Brazil would be reciprocated. “Sovereignty, respect and the unwavering defense of the interests of the Brazilian people are the values that guide our relationship with the world.”

Brazil’s government is weighing countermeasures against the U.S. that are permitted under its Reciprocity Law passed in April.

Furthermore, Trump’s earlier threat against countries that aligned themselves with BRICS would also target Brazil, which is a BRICS member and hosted the 2025 summit in Rio de Janeiro.

Brunei

Brunei will be tariffed at 25% from Aug. 1. The Southeast Asian nation faced a slightly lower rate of 24% in April.

Cambodia

Cambodia will face a 36% tariff starting Aug. 1, down from its initial rate of 49%.

Canada

Trump has hit Canada with a 35% tariff on all imports starting in August, in spite of previous suggestions that protracted negotiations between the U.S. and Canada could materialize in a deal. Trump’s letter on July 10 cited “Canada’s failure to stop the drugs from pouring into our country” as one reason for the high tariff on the U.S.’ neighbor and major trading partner.

But he added, “the flow of Fentanyl is hardly the only challenge we have with Canada,” pointing to “extraordinary Tariffs to our Dairy Farmers—up to 400%—and that is even assuming our Dairy Farmers even have access to sell their products to the people of Canada.” Canada has called Trump’s claims about cross-border fentanyl smuggling “unjustified.” Canada imports Trump-negotiated amounts of dairy products from the U.S. tariff-free every year. Above those quotas, Canada tariffs U.S. dairy products at over 200%, rates left in place by the 2018 agreement, which Trump then-touted as “the best trade deal ever made.”

Canada had said it hoped to reach an agreement by July 21. Trump initially cut off talks on June 27 over Canada’s proposed digital services tax, which Trump called “a direct and blatant attack on our Country.” Talks resumed after Ottawa said it was abandoning the policy—a move that White House Press Secretary Karoline Leavitt described as Canada having “caved.” Canada was exempt from Trump’s “reciprocal” tariffs but faced previously announced tariffs amounting to 25% on most goods.

Trump’s ambassador to Canada, Pete Hoekstra, said on July 4 that a deal would be reached with Canada, though he did not say when.

“Canada is one of our biggest trading partners,” Hoekstra said on Canadian outlet CTV News. “We’re going to have a deal that’s articulated.”

“We’re not going to send Canada just a letter,” he added.

China

China and the U.S. reached a deal in June that sets U.S. tariffs on Chinese imports at 55% and Chinese tariffs on American imports at 10%, after agreeing to a truce a month earlier that lowered escalating tit-for-tat tariffs from 145% on Chinese imports to 30% and 125% on American imports to 10%. The world’s two biggest economies also eased restrictions on de minimis packages and agreed to lift export controls, including the sale of certain chip design software and ethane to China and rare earth exports to the U.S.

Trump said that he has been speaking regularly with Chinese President Xi Jinping, even as the U.S. has cracked down on Chinese investment, including a ban on Chinese ownership of farmland announced July 8. “We have had a really good relationship with China lately, and we’re getting along with them very well,” he said at the July 8 Cabinet meeting. “They’ve been very fair on our trade deal, honestly.”

E.U.

Trump threatened to tariff the E.U. at a 30% rate beginning next month, per a letter sent on July 11. The E.U. said it has readied countermeasures on U.S. goods, but will hold off on implementing them until Aug.1, in the hope that a deal can be reached.

The E.U. initially faced a 20% “reciprocal” tariff.

E.U. Trade Commissioner Maroš Šefčovič had reportedly been in talks with his U.S. counterparts, but progress around a possible deal has run into some roadblocks. The E.U. has said it will not budge on its strict regulations on social media and technology companies, for one. The 27-member bloc reportedly yielded to a 10% tariff on many of its exports, but is seeking lower rates on key sectors, including pharmaceuticals, alcohol, and semiconductors, as well as quotas and exemptions to reduce higher tariffs on autos and metals—which are tariffed separately at 25% and 50%.

India

India is one country that may reach a deal with the U.S. before the deadline, averting Trump’s 27% “reciprocal” tariff rate for the country’s exports. Trump said on June 26 that “a very big” deal with India would come soon, and India’s trade negotiators extended their recent stay in the U.S. to continue talks. An interim trade deal will likely be finalized before the deadline, unnamed sources told Indian media outlet NDTV.

Still, both sides have toughened their positions on certain key issues. The U.S. wants India to open its market to genetically-modified crops and import more dairy, almonds, soybeans, and other agricultural products from the U.S., while India has been reluctant to lower protections for its domestic farmers. India is willing to lower tariffs on walnuts, fruits, medical devices, autos, and energy products, a source familiar with the negotiations told Reuters, and it has sought concessions on Indian steel and auto parts as well as fabrics and apparel.

Indonesia

Trump announced a trade deal with Indonesia that would tariff Indonesian exports to the U.S. at a rate of 19%. In exchange, Indonesia would charge no tariffs on U.S. imports.

“This landmark deal opens up Indonesia’s ENTIRE MARKET to the United States for the first time in history,” Trump posted on Truth Social on July 15. “As part of the agreement, Indonesia has committed to purchasing $15 billion dollars in U.S. energy, $4.5 billion dollars in American agricultural products, and 50 Boeing jets, many of them 777’s. For the first time ever, our ranchers, farmers, and fishermen will have complete and total access to the Indonesian market of over 280 million people.”

Iraq

Iraq will face a 30% import duty, down from the 39% rate initially imposed in April.

Japan

Japan will be tariffed at 25% beginning Aug. 1, a slight increase from the initial tariff rate of 24%, after Trump in recent weeks cast doubt over reaching a deal with Japan anytime soon.

Japan’s Prime Minister Shigeru Ishiba called the higher tariff rate “extremely regrettable” and said Japan would continue to work towards a deal while still defending its interests. Ishiba also raised the possibility of speaking directly with Trump.

Progress in negotiations has been stymied by disagreements over Japan’s protections for its politically important domestic rice industry. Trump officials have suggested that Japan tariffs foreign rice at a rate over 700%. In fact, Japan imports 770,000 metric tons of rice every year without any tariffs, around half of which comes from the U.S. Above that, Japan imposes a tariff of ¥341 (about $2.30) per kilogram.

“To show people how spoiled Countries have become with respect to the United States of America, and I have great respect for Japan, they won’t take our RICE, and yet they have a massive rice shortage,” Trump posted on Truth Social on June 30. “In other words, we’ll just be sending them a letter, and we love having them as a Trading Partner for many years to come.”

Trump told reporters on July 1 that Japan ought to “pay 30%, 35% or whatever the number is that we determine.”

“I’m not sure we’re going to make a deal. I doubt it with Japan, they’re very tough. You have to understand, they’re very spoiled,” he added.

Japan’s Prime Minister Shigeru Ishiba, however, said on July 3, “talks are steadily but undoubtedly moving forward. There are a wide range of areas including non-tariff barriers that are being covered, but the talks on each of these points are progressing, step by step.”

Talks are also limited by uncertainties around obtaining a deal on autos and metals. Tariffs on both the auto industry and steel and aluminium are subject to pending Commerce Department investigations, which makes negotiating a trade deal without knowing the outcome of those probes challenging. Moreover, Trump has signalled an unwillingness to budge on the 25% auto tariff that would hit Japan’s export economy hard.

“We give Japan no cars, they won’t take our cars, and yet we take millions and millions of their cars into the United States,” Trump said on Fox News. “It’s not fair.”

Kazakhstan

Kazakhstan, which exports mainly crude oil to the U.S., will be tariffed at a 25% rate, slightly lower than the 27% rate set in April.

Laos

Laos will be tariffed at 40%, lower than the 48% rate it initially faced in April.

Libya

Libya will face a 30% tariff rate, slightly down from the 31% initially imposed in April.

Malaysia

Imports from Malaysia will be tariffed at 25% starting Aug. 1, a marginal increase from the 24% levy imposed in April. Malaysia’s top exports to the U.S. are electronic parts.

Mexico

Mexico will face a 30% tariff beginning next month, per a letter sent on July 11. The U.S.’ neighboring country was previously exempt from “reciprocal” tariffs but had been subjected to earlier tariffs of 25% on most goods. The U.S. Department of Commerce has also announced a 17% tariff on Mexican tomatoes.

Mexican President Claudia Sheinbaum said on July 15 that Mexico will retaliate if an agreement is not reached by Aug. 1 and the 30% tariff kicks in.

Moldova

Moldova will face a 25% tariff from August. It faced an initial “reciprocal” tariff of 31% in April.

Myanmar

Myanmar’s tariff rate has been lowered from 44% imposed in April to 40% beginning in August.

Philippines

The Philippines, a longstanding U.S. ally, will face a 20% tariff rate, up from the 17% rate it faced in April. The Southeast Asian country said on July 10 that it will hold further talks with the U.S. to try to secure a better deal ahead of Aug. 1, including a planned trip by Philippine officials to the U.S. the following week.

Serbia

Serbia will face a 35% tariff starting August, a reduction from the 37% rate imposed in April.

South Africa

South Africa will face a 30% tariff beginning Aug. 1, a small reduction from the 31% rate that was imposed in April. South Africa’s main export to the U.S. is metals and cars, which face separate levies. As a BRICS member, though, South Africa may also face an additional 10% levy.

South Korea

South Korea will face a 25% levy, a slight reduction from the 26% rate it faced in April.

South Korea earlier said it would seek an extension on Trump’s July 9 deadline. “We see this letter as a de facto extension of the grace period for imposing reciprocal tariffs until August 1,” South Korea’s Industry Ministry said in a statement on July 8.

South Korean President Lee Jae Myung said on July 3 that “it’s still not clear to each side what the other side wants.”

South Korea says it imposes “close to 0” tariffs on the U.S. under a free-trade agreement, with an effective tariff rate of around 0.79%. Trump has said South Korea imposes a tariff “four times higher” than the U.S. Trump has also complained that the U.S. has given South Korea, a key U.S. ally, “so much help militarily” in stationing 28,500 U.S. troops in South Korea to protect against the North.

South Korea’s Trade Minister Yeo Han-koo met with U.S. Trade Representative Jamieson Greer in Washington on July 5, proposing a “mutually beneficial” manufacturing partnership in a last-ditch effort to avoid Trump’s tariffs. As a major exporter of cars and steel, South Korea is also vulnerable to Trump’s separate auto and metals tariffs, which the country is seeking to avoid completely.

Sri Lanka

Sri Lankan imports will be tariffed at a 30% rate from August, lower than the 44% rate imposed in April.

Thailand

Thailand will face a 36% import duty starting Aug. 1 if no deal is reached before then, which is the same tariff rate initially imposed in April. (The letter to Thailand addressed former acting Prime Minister Suriya Juangroongruangkit, though he was replaced by a new acting Prime Minister the prior week.)

Thailand previously said it expects to reach a tariff deal with the U.S. before the deadline and said it is aiming for more favorable rates than the deal the U.S. recently reached with Vietnam because it has a smaller trade deficit with the U.S. than Vietnam does. “Vietnam’s agreement serves as a benchmark,” Poj Aramwattananont, Thailand’s Chamber of Commerce head, said, according to the Bangkok Post.

Thailand has made a revised proposal with concessions towards reducing its trade surplus with the U.S. by 70% within five years, Finance Minister Pichai Chunhavajira told Bloomberg on July 6.

Thai negotiators met with U.S. counterparts for in-person trade talks for the first time that week, although officials have had several rounds of online discussions ahead of their visit to Washington. Thailand has proposed reducing tariffs on the U.S., promised to buy more American products, and vowed to crack down on trade fraud.

Tunisia

Tunisia will face a 25% tariff starting Aug. 1, down from the 28% rate initially imposed.

U.K.

The U.K. and the U.S. signed a deal in June, which brought U.S. tariffs on British cars down to 10% from 27.5% and removed tariffs on British aircraft engines and parts. Some details of the deal, though, are not yet finalized, and the two countries are still hammering out an agreement around metals imports.

Vietnam

The U.S. and Vietnam announced a deal on July 2, which would tariff Vietnamese exports to the U.S. at a 20% rate, as opposed to the initial 46% “reciprocal” tariff. Goods deemed to be transshipped, however, will be tariffed at a 40% rate in a measure indirectly targeting China, which has rerouted products through Vietnam to get around past U.S. import duties. In exchange, Vietnam agreed to having no tariffs on U.S. imports, Trump said.How exactly transshipments will be determined has not yet been made clear, and the deal so far does not make mention of industry-specific tariffs on cars and metals. Vietnam said on July 3 that its negotiators are in the process of finalizing the details of the agreement with the U.S., while Bessent said the deal was “finalized in principle.”

Trump’s Trade Deals, Negotiations, and New Tariffs for Each Country