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The Trump Trade Tracker

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Ongoing reports and analysis

It’s not quite the “90 deals in 90 days” that Trump administration officials claimed were possible back in April, when U.S. President Donald Trump put a 90-day pause on the steep tariffs that he had announced on nearly all U.S. trading partners on April 2. The 90-day pause was intended to allow time for those trading partners to negotiate bilateral deals with Washington to avoid the worst of the tariffs.

The 90 days have since been extended until Aug. 1, and the trade deals have been few and far between.

It’s not quite the “90 deals in 90 days” that Trump administration officials claimed were possible back in April, when U.S. President Donald Trump put a 90-day pause on the steep tariffs that he had announced on nearly all U.S. trading partners on April 2. The 90-day pause was intended to allow time for those trading partners to negotiate bilateral deals with Washington to avoid the worst of the tariffs.

The 90 days have since been extended until Aug. 1, and the trade deals have been few and far between.

But there have been a few deals—seven, to be exact (eight if you count a temporary detente with China on tariffs that the two sides continue to negotiate). South Korea was the latest to sign, with Trump announcing an agreement in a Truth Social post on July 30.

Many of these agreements have been made public by unilateral announcements, either from the White House or by Trump directly on his social media platform Truth Social (though in all cases the countries or governments in question have acknowledged the deal on their side). These also don’t appear to be formal, binding agreements, unlike, say, the United States-Mexico-Canada Agreement, which was ratified by all three countries. The European Union described its deal as a “political agreement,” and multiple countries including the Philippines and the United Kingdom indicated in their statements that further negotiations on specific products and sectors will continue—leaving room for additional disagreements or disputes.

The vast majority of countries still face the sweeping tariffs that Trump sought to impose on April 2, and for the sake of clarity, we have used those tariff rates as a comparison—even though in some cases Trump has threatened higher tariffs in the interim. The other caveat is that these numbers aren’t always definitive or all-encompassing. The administration has said U.S. tariffs on steel, for example, will be negotiated separately, and the tariff rates below have some additional exemptions that we will explain further.

That said, here is everything we know about the trade agreements that have been secured so far.

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Trump announced on July 30 that South Korea had reached a trade deal with the United States that would impose a 15 percent tariff on Korean goods crossing U.S. borders—down from a previously threatened 25 percent.

In return, he said, South Korea will drop its tariffs on U.S. goods “including Cars and Trucks, Agriculture, etc.” The deal also has an investment component similar to the ones agreed with the EU and Japan, with South Korea committing to invest $350 billion in the U.S. economy.

Although Trump wrote that those investments will be “owned and controlled by the United States, and selected by myself, as President,” the Korean government said at least $150 billion will be earmarked for the shipbuilding industry. Describing that part of the agreement as “noteworthy,” Kim Yong-beom, the South Korean presidential chief of staff for policy, told reporters that the amount would cover all aspects of shipbuilding and “provide investments on specific projects based on demands of our companies.”

Trump also said South Korea will purchase an additional $100 billion worth of U.S. liquefied natural gas.

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According to the deal announced on July 27, most goods from the EU entering the United........

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