Those who have and have no deal

Come on Friday, the world will have to face high tariff rates from the Trump administration, raising the ghost of more economic uncertainty.

For most countries, this box of worms was kicked twice on the road, from “Liberation Day” on April 2, To July 9, And now To August 1.

Once again in April, Trump was He claimed that he did “More than 200 deals” in an interview with Time Magazine, and commercial advisor Peter Navarro had said that “90 deals in 90 days” are possible. The country has largely declined, with eight deals in only 120 days, including one with the 27 -member European Union.

Here where things stand in global trade.

The UK led the charge on Commercial agreements With the United States, one beating early. The frame includes a 10 % basic tariff for goods in the UK, as well as many shares and exemptions for products such as cars and space commodities.

But even after US President Donald Trump meet With Prime Minister Kiir Starmer recently, some points in the Trade Agreement are still unconfirmed. This includes customs tariffs on the United Kingdom and aluminum, which the United States agreed to cut. The talks on the UK digital service tax, which Trump, seems to be canceled, as well.

Vietnam was the second crossing the line with the Trump administration, with Trump Announcement of a trade agreement on July 2 Which saw the tariff imposed on Vietnam decreased from 46 % to 20 %.

One point with Vietnam was 40 % “Transshipping” tariff On the goods that originated in another country and were transferred to Vietnam for the final shipping to the United States, although it is not clear how this will be applied. Trump also claimed that there will be full access to the country for the country for American goods.

Chinese manufacturers used Transshiping to avoid huge definitions on their direct shipments to the United States, using Vietnam as a major Energy center.

However, Vietnam appears to have been made due to a rate of 20 % imposed, according to Report from Politico. Politico said the negotiators were expecting a 11 % tax, but Trump unilaterally announced a rate of 20 %.

Indonesia The tariff rate has been reduced To 19 % of 32 % in its agreement with Trump, announced on July 15.

The White House said that Indonesia will remove tariff barriers on more than 99 % of the American products that were exported to Indonesia in all sectors, including agricultural products and energy.

The framework also says that the countries will also have “unbearable barriers” many obstacles facing the United States in the Indonesian market.

Unlike its ASEAN counterparts, which had significant discounts in the duties of customs tariffs, He saw the Philippines One percentage point decreased to 19 % from 20 % on July 22.

Manila will not impose a tariff on American goods as part of the agreement, according to Trump, who praised the country for what he described as “opening the market with the United States.”

In addition, Trump also said that the Philippines would work together “militarily” without specifying any details. The two countries are already allies of treaties, as Manila hosts the United States and has a mutual defense treaty dating back to 1951.

Japan was the second major Asian economy He reached an agreement with the United States After China, seeing the customs tariff rate to 15 % of 25 % on July 23, and being the first economy to see a less preferential tariff for the main auto sector.

Trump described the agreement “may be the largest deal ever”, with the addition that Japan will invest $ 550 billion in the United States and the United States will get 90 % of the profits. “

The road to this agreement was fraught with uncertainty, as Trump said a few days before the agreement. He did not expect The two countries to reach a deal.

a description Japan On separate occasions such as “Very difficult” In commercial talks and suggested that the country is “spoiled” For we do not accept rice Despite facing a Local rice deficiency.

The European Union agreement was with the United States It was struck just a few days ago, After long negotiations. The goods in the European Union are now facing the rate of 15 % foundation tariffs, and half of 30 % Trump had previously threatened the mass. Current duties on cars will be reduced to 15 %, and fees will return to some products such as aircraft and some medicines to pre -January levels.

But the deal was I met criticismIncluding some European leaders. French Prime Minister Francois Bayro said to the extent that he was an act of “submission” and “a dark day”. European Union Trade Commissioner Marus Sevkovic, however, The name It is “the best deal we can face under very difficult circumstances.”

South Korea is The latest country to reach an agreementOn Thursday, although the conditions are somewhat similar to Japan.

The country will witness a 15 % tariff on its exports, while duties in the auto sector are reduced to 15 %. Trump said that South Korea “will give the United States $ 350 billion to investments owned and control by the United States, and its choice of myself, as president.”

“90 % of the profits” of this investment of $ 350 billion will be “going to the American people.”

However, South Korean President Lee Jay Meongy said that the $ 350 billion fund will play a role in facilitating the “active entry” of Korean companies to the American market in industries such as shipbuilding and semi -conductors.

Instead of a deal, China has reached a series of pendants about the rate of “mutual” tariffs. It was initially hit with a tariff of 34 % of “Liberation Day”, before A series of rear measures Between the two sides he saw duties increasing to 145 % of Chinese imports of the United States and 125 % for US imports of China.

However, the two sides agreed to Decreased tariffs in MayAfter the first commercial meeting in Geneva, Switzerland. The truce was agreed to continue until August 12. China is currently facing a 30 % tariff rate, while the United States is looking at 10 %.

the The latest meeting for countries in Stockholm It ended without an extension of a truce, but the US Treasury Secretary said that no extension of the approval would not even be agreed Trump Signs of the plan.

For countries where there is no deal, it seems higher Global Foundation tariffs about 15 % -20 % They will be slapped, according to Trump, higher than the 10 % baseline announced on “Editing Day”.

Countries with a trade surplus with the United States are likely to see a higher “mutual” tariff rate.

Here are some of the main commercial partners who did not agree to an agreement with the United States

Trump said: “While India is our friend, we have done, over the years, relatively few with them because their tariffs are very high, among the highest in the world,” Trump said. Published on the social truth.

The tariff rate of 25 % is modestly less than Trump imposes on India.Editing Day“When an average of 26 % was announced on the main commercial partner, but at the end 20 % -25 % range The American president said he was thinking.

There has been repeated to retreat between Canada and the United States about definitions in recent months, with the country’s duties even delivering duties before Trump announced the so -called “mutual” tariffs.

Canada now Confrontation 35 % tariffs on different goods from August 1, with Trump also threatening this rate in the event of revenge. The rate is separate from any sectoral tariff.

Trump has been repeatedly martyred with drugs flowing from Canada to the United States as a reason for his transfer to impose definitions. Canadian Prime Minister Mark Carney said earlier this week that the partners were in an “intense stage” of the talks, noting that it was unlikely that the agreement not to include any tariff, Reuters. I mentioned.

Like Canada, Mexico also has long It was a target of the American tariff, as Trump cited drugs and illegal immigration as factors in his decision to announce fees on the southern American neighbor.

The president said that Mexico did not do enough to secure the borders. Mexico It is scheduled to be hit With a 30 % tariff, with any revenge, a higher average of the United States is scheduled

The Mexican government has confirmed that it is important for commercial partners to solve their issues before August 1, but there have been many signs of progress towards an agreement in recent weeks.

It was not known that Canberra was in commercial talks with Washington, with Prime Minister Anthony Albaniz According to what was reported, he argues Australia’s inability with the United States and the Free Trade Convention should mean that there should not be a tariff for Australian imports.

Recently, Australia has set the restrictions imposed on American beef, a move by the American Trade Actor Office, thanks to Trump, but Albanz was According to what he said, he said This step was not invited by Trump.