Trump's Tariff Letters: List of Countries and Proposed Rates
President Trump's trade policy remains unpredictable as he informs foreign leaders of the tariff rates he plans to impose on their countries' goods. The letters leave room for negotiation, offering lower rates if trade barriers are removed. Learn about the latest tariff rates announced and the trade deals signed so far.
President Trump's trade policy has been unpredictable, with letters to foreign leaders informing them of tariff rates he intends to impose on their countries' goods on Aug. 1. The letters set sizable tariff rates and leave room for negotiation, offering lower rates if trade barriers are removed.
The letters follow global tariffs imposed on April 2, which were later set at 10% after market concerns. Trump aimed to make tariff deals with multiple countries within a 90-day 'pause.' Only one deal with the U.K. has been signed, and a deal with Vietnam has been announced but not detailed.
Below are the tariff rates announced in the letters, along with the signed and announced deals. It also includes the value of imports from these countries and the U.S. trade deficit or surplus with them.
According to the source: NPR.
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