These nations don't have trade deals with Trump ahead of his Aug. 1 tariff deadline
Trump suggested Monday that any nation that refuses to strike a deal with the U.S. would face a tariff between 15 and 20 percent.
'We're going to be setting a tariff for essentially the rest of the world, and that's what they're going to pay if they want to do business in the United States. Because you can't sit down and do 200 deals. But we made the big ones,' he said.
Here are some of the top trading partners that have not struck deals with the U.S.
China
Treasury Secretary Scott Bessent and his Chinese counterparts held talks this week in China and Stockholm this week, which marked the third round of talks between the two nations. The talks led to another possible extension in the trade deal that was announced in May, without details about the timing of that extension.
Trump said he will be briefed on Wednesday by his top officials on a deal with China to extend the tariff pause, and 'we'll either approve it or not.'
China and the U.S. were facing an Aug. 12 deadline for tariffs on China at 30 percent and Chinese tariffs on the U.S. at 10 percent. That rate is significantly down from earlier in the year, when Trump hit China with a 145 percent tariff and Beijing hit U.S. goods with a 125 percent tariff.
'We have a good relationship with China,' Trump said Monday. 'China's tough.'
Trump on Tuesday also pushed back on reporting that the tariff talks this week could set the groundwork for a meeting with Chinese President Xi Jinping, saying he's not looking for a summit with his counterpart.
U.S. imports from China in 2024 totaled nearly $439 billion, according to the U.S. trade representative (USTR), and U.S. exports to China in 2024 were more than $143 billion.
Mexico and Canada
Negotiations between the Trump administration and Canada have stalled, Trump said last week.
'We haven't really had a lot of luck with Canada. I think Canada could be one where they'll just pay tariffs. It's not really a negotiation,' Trump said on Friday.
Trump threatened to levy a 35 percent tariff on the country in a letter to Canadian Prime Minister Mark Carney. Canada was the third-largest source of U.S. imports, totaling $412.7 billion in 2024, according to the USTR. U.S. exports to Canada in 2024 were $349.4 billion.
The president also threatened to impose a 30 percent tariff on goods from Mexico in a letter, citing the flow of fentanyl across the southern border that was the original basis for a 25 percent tariff he imposed on Mexican goods earlier this year.
The letter to Mexican President Claudia Sheinbaum was sent on the same day that Trump threatened 30 percent tariffs on the European Union. He has since made a deal with the European bloc to lower tariffs to 15 percent.
Mexico was the top source for U.S. imports, which totaled just less than $506 billion in 2024, according to the USTR. U.S. goods exports to Mexico in 2024 were $334 billion.
South Korea
The administration hasn't cited any progress in talks with South Korea, and President Lee Jae Myung said in July that talks with the U.S. have been 'clearly not easy.'
South Korea is the sixth-largest trading partner with the U.S. and was hit with a 25 percent tariff on its imports on 'Liberation Day' in April.
U.S. goods from South Korea totaled more than $131 billion in 2024, according to the USTR. U.S. exports to South Korea in 2024 were more than $65 billion.
Taiwan
The U.S. has held three rounds of talks with Taiwanese officials, and a deal could be struck any day, a source familiar with talks told The Hill. Even so, the fate of a deal with Taiwan also depends on the U.S.-China talks in Sweden.
Taiwan is bracing for Trump possibly cutting them out of a trade relationship as part of making a deal with China, the source said, and is 'actively contemplating the prospect of a new go-it-alone era, where Taipei can no longer count on support from the White House.'
The Trump administration reportedly denied Taiwanese leader Lai Ching-te's request to stop over in the U.S. next month, a move that has added to the fears that the president would 'sell out' Taiwan's democracy in order to have a strong trade relationship with China.
Taiwan is the seventh-largest trading partner with the U.S. and was hit with a 32 percent tariff on its imports in April. U.S. imports from Taiwan in 2024 totaled more than $116 billion, according to the USTR, and U.S. exports to Taiwan in 2024 totaled more than $42 billion.
India
Top administration officials, including Trump, have insisted for months that a deal with India was pending but have yet to announce one.
'No, it's not,' Trump said on Tuesday when asked if a deal with India was finalized. He also threatened to impose a 25 percent tariff on India.
India and U.S. trade last year overall was valued at roughly $130 billion, and Prime Minister Narendra Modi paid a friendly visit to Trump in February. Vice President Vance then traveled to India in April and hailed progress on trade talks with Modi, expressing optimism about striking a deal.
Trump imposed a 26 percent tariff on goods from India during his April 2 'Liberation Day' tariff announcement. India is the 10-largest trading partner with the U.S., and U.S. imports from India totaled more than $87 billion in 2024, according to the USTR. U.S. exports to India in 2024 were nearly $42 billion.
Brazil
Trump declared that Brazil would be hit with a hefty 50 percent tariff in part due to the criminal prosecution of Jair Bolsonaro, Brazil's former president, over an alleged plot to remain in power after losing an election. He sent a letter to Brazil, deeming the prosecution of Bolsonaro — known as the 'Trump of the tropics' — a 'witch hunt.'
Brazilian President Luiz Inácio Lula da Silva has urged Trump to return to trade talks and said on CNN earlier this month that Trump 'was elected not to be the emperor of the world.'
Brazil is among the top 15 trading partners with the U.S. and was hit with a 10 percent tariff on its imports in April. U.S. imports from Brazil in 2024 totaled more than $42 billion, according to the USTR, and U.S. exports to Brazil in 2024 were nearly $50 billion.
Switzerland
Switzerland is hopeful that the draft trade deal it approved will be signed off by Trump ahead of the deadline, Bloomberg reported.
Swiss President and Finance Minister Karin Keller-Sutter said in July that the two nations were close and was hopeful at the time that Switzerland would be one of the first nations to strike deals with the U.S.
Switzerland is among the top 20 trading partners with the U.S. and was hit with a 31 percent tariff on its imports in April. U.S. imports from Switzerland totaled more than $63 billion in 2024, according to the USTR, and U.S. exports to Switzerland in 2024 were $25 billion.
Thailand
Thailand and Cambodia agreed to a ceasefire on Monday to end five days of fighting in the region, which is expected to also restart trade talks with the U.S.
'I have instructed my Trade Team to restart negotiations on Trade,' Trump said on Truth Social after he spoke to both leaders about the truce. Trump had previously said if the two countries did not stop fighting, they would not get a trade deal with the U.S.
Thailand's acting Prime Minister Phumtham Wechayachai said he expects a 'very good' trade deal after agreeing to end the conflict. He said that Trump told him 'there will be tariff negotiations, which will be beneficial, and we will get something very good out of it. He will do his best to give us as much as he can,' Bloomberg reported.
Thailand is among the top 20 trading partners with the U.S. and was hit with a 36 percent tariff in April. U.S. imports from Thailand totaled more than $63 billion in 2024, according to the USTR, and U.S. exports to Thailand in 2024 were nearly $18 billion.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Boston Globe
3 minutes ago
- Boston Globe
Trump says he ordered subs repositioned in rare nuclear threat to Russia
Advertisement Because nuclear submarine movements are among the Pentagon's most closely held tactical maneuvers, it will most likely prove impossible to know if Trump is truly repositioning the submarines or just trying to make a point. But in Trump's sudden and escalating confrontation with Russia over Ukraine, it is the first time he has referenced the US nuclear arsenal, much less threatened to reposition it. Trump said Thursday that he intends to impose new sanctions on Russia over its unwillingness to wind down its war in Ukraine, the latest step in his gradual shift toward a more antagonistic stance toward the Kremlin. Still, such public flexing of nuclear muscles is rare even for Trump, who last made explicit nuclear threats to Kim Jong Un of North Korea early in his first term in 2018. At that time, he said his 'nuclear button' was 'much bigger and more powerful' than Kim's. That exchange ultimately led to a diplomatic opening to Kim, three meetings between the two leaders, and a complete failure of the effort to get the North Korean leader to give up his nuclear arsenal, which is now larger than ever. Advertisement But Russia is a different case, and Trump has often talked about the fearsome power of nuclear weapons, something he contends he learned about from an uncle who was on the faculty of the Massachusetts Institute of Technology. So while Russian President Vladimir Putin has made threats about putting nuclear forces on alert during the opening days of the Ukraine war, and may have been preparing to use a tactical nuclear weapon in fall 2022 against a Ukrainian military base, the US has never responded. Medvedev is a good foil for Trump; he regularly issues threats against the United States but is essentially powerless. Trump has referred to Medvedev's martial-sounding statements several times in the past week. It was not clear what kind of nuclear submarines Trump was referencing. The US has nuclear-powered attack submarines that search for targets, but it also has far larger, nuclear-powered, and nuclear-armed submarines. Those don't need to be repositioned; they can reach targets thousands of miles away. Kingsley Wilson, the Pentagon press secretary, referred all questions about Trump's statement to the White House. This article originally appeared in
San Francisco Chronicle
3 minutes ago
- San Francisco Chronicle
Trump administration cuts $300M in UCLA research funding over antisemitism claims
The Trump administration has suspended more than $300 million in federal research grants to UCLA, citing the university's alleged failure to address antisemitism and discriminatory practices on campus. The move, part of a broader crackdown on elite universities, marks the most severe funding cut in UCLA's history. According to government letters obtained by multiple news outlets, agencies including the National Science Foundation, National Institutes of Health and Department of Energy are halting hundreds of active grants. Officials allege the university engaged in 'race discrimination' and 'illegal affirmative action,' and failed to prevent a hostile climate for Jewish and Israeli students, following campus protests over the Gaza war. Attorney General Pam Bondi said Tuesday that UCLA would 'pay a heavy price' for its 'deliberate indifference' to civil rights complaints. A 10-page letter Tuesday from the Department of Justice to UC President Michael Drake said the DOJ had looked into complaints of discrimination since Oct. 7, 2023, the day Hamas attacked Israel, leading to the Israel-Hamas war in Gaza, which sparked protests at college campuses across the U.S. The letter cited 11 complaints from Jewish or Israeli students regarding discrimination between April 25 and May 1, 2024, while pro-Palestianian protesters occupied an encampment on the UCLA campus. 'Several complainants reported that members of the encampment prevented them from accessing parts of the campus,' the letter said, and some reported encountering intimidation or violence. The Department of Justice set a Sept. 2 deadline for the university to begin negotiations or face legal action. 'Federal research grants are not handouts,' he wrote Thursday. 'Grants lead to medical breakthroughs, economic advancement, improved national security and global competitiveness — these are national priorities.' The freeze affects more than 300 grants, with nearly $180 million already distributed, and follows similar enforcement actions against Harvard, Columbia and Brown universities. UCLA recently agreed to a $6.5 million settlement with Jewish students and a professor over claims of discrimination during 2024 campus protests. Frenk, who is of Jewish heritage, emphasized the university's efforts to combat antisemitism, including the creation of a campus safety office and an initiative to fight antisemitism and anti-Israel bias. 'Antisemitism has no place on our campus, nor does any form of discrimination,' he wrote, while insisting the funding cut 'does nothing to address any alleged discrimination.'
San Francisco Chronicle
3 minutes ago
- San Francisco Chronicle
Trump orders US nuclear subs repositioned over statements from ex-Russian leader Medvedev
WASHINGTON (AP) — In a warning to Russia, President Donald Trump said Friday he's ordering the repositioning of two U.S. nuclear submarines 'based on the highly provocative statements' of the country's former president, Dmitry Medvedev, who has raised the prospect of war online. Trump posted on his social media site that, based on the 'highly provocative statements' from Medvedev, he had 'ordered two Nuclear Submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that.' The president added, 'Words are very important, and can often lead to unintended consequences, I hope this will not be one of those instances.' It wasn't clear what impact Trump's order would have on U.S. nuclear subs, which are routinely on patrol in the world's hotspots, but it comes at a delicate moment in the Trump administration's relations with Moscow. Trump has said that special envoy Steve Witkoff is heading to Russia to push Moscow to agree to a ceasefire in its war with Ukraine and has threatened new economic sanctions if progress is not made. He cut his 50-day deadline for action to 10 days, with that window set to expire next week. The post about the sub repositioning came after Trump, in the wee hours of Thursday morning, had posted that Medvedev was a 'failed former President of Russia' and warned him to 'watch his words.' Medvedev responded hours later by writing, 'Russia is right on everything and will continue to go its own way.' And that back-and-forth followed earlier this week, when Medvedev wrote, 'Trump's playing the ultimatum game with Russia: 50 days or 10' and added, 'He should remember 2 things: 1. Russia isn't Israel or even Iran. 2. Each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with his own country.' Asked as he was leaving the White House on Friday evening for a weekend at his estate in New Jersey, about where he was repositioning the subs, Trump didn't offer any specifics. 'We had to do that. We just have to be careful,' the president said. 'A threat was made, and we didn't think it was appropriate, so I have to be very careful.' Trump also said, 'I do that on the basis of safety for our people' and 'we're gonna protect our people' and later added of Medvedev, 'He was talking about nuclear.' 'When you talk about nuclear, we have to be prepared,' Trump said. 'And we're totally prepared.' Medvedev was Russia's president from 2008 to 2012, while Putin was barred from seeking a second consecutive term, but stepped aside to let him run again. Now deputy chairman of Russia's National Security Council, which Putin chairs, Medvedev has been known for his provocative and inflammatory statements since the start of the war in 2022. That's a U-turn from his presidency, when he was seen as liberal and progressive. Medvedev has frequently wielded nuclear threats and lobbed insults at Western leaders on social media. Some observers have argued that with his extravagant rhetoric, Medvedev is seeking to score political points with Putin and Russian military hawks. One such example before the latest spat with Trump came on July 15, after Trump announced plans to supply Ukraine with more weapons via its NATO allies and threatened additional tariffs against Moscow. Medvedev posted then, 'Trump issued a theatrical ultimatum to the Kremlin. The world shuddered, expecting the consequences. Belligerent Europe was disappointed. Russia didn't care.'
