menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

The Trump Trade Tracker

1 1
yesterday

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.

That deadline has been extended both formally and informally, and the trade deals have been few and far between since that initial announcement.

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.

That deadline has been extended both formally and informally, and the trade deals have been few and far between since that initial announcement.

But several countries have signed trade agreements with Trump with varying degrees of permanence and formality, often locking in lower tariff rates than the ones he previously threatened in exchange for lowering their own trade barriers to U.S. goods.


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 (USMCA), 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.

Jump to trade partner

Trump used an Oct. 26 visit to Malaysia—the first stop on his first visit to Asia since returning to the White House—to announce multiple trade deals with countries in the region on the sidelines of the Association of Southeast Asian Nations (ASEAN) summit in the Malaysian capital of Kuala Lumpur.

The host nation’s deal, according to the White House, will lock in a 19 percent tariff on Malaysian exports to the United States, while Malaysia’s tariffs on a wide variety of U.S. goods will either be reduced or removed.

There was also a flurry of additional dealmaking between the two countries with agreements on critical mineral cooperation, Malaysian purchases of up to 60 aircraft from U.S. manufacturer Boeing, and a commitment by Malaysian energy giant Petronas to buy $3.4 billion worth of U.S. liquified natural gas.

Return to Full List

The trade agreement with the United States was one of two deals that Cambodia signed during Trump’s visit, also inking a peace deal with its neighbor Thailand that Trump oversaw and giving the U.S. president a diplomatic victory he had long sought.

In the U.S. deal, Cambodia agreed to “eliminate all tariffs on U.S. goods,” the White House said in a statement, in exchange for Washington maintaining the previously imposed tariff rate of 19 percent on Cambodia’s exports to the United States.

Cambodia will also remove several “non-tariff barriers” to U.S. goods including automobiles and agricultural products, according to the U.S. Trade Representative.

Return to Full List

The U.S. trade deal with Thailand stopped short of a formal agreement, with the two countries instead setting out a “framework” for an agreement that will be subject to additional negotiation.

The framework deal laid out similar concessions to those agreed by other Southeast Asian countries, with Thailand agreeing to eliminate tariffs on almost all U.S. goods in exchange for a 19 percent tariff rate on Thai products entering the United States.

Thailand also committed to reducing additional barriers on U.S. vehicles, pharmaceuticals, ethanol, and agricultural products in the........

© Foreign Policy