President Trump posted letters to 14 governments announcing new “reciprocal” tariffs on their exports to the United States, effective August 1. Each country faces a non-negotiable rate“ take it or leave it” ranging from 25 percent to 40 percent, designed to address the U.S. goods trade deficit and spur foreign investment in American manufacturing.
Country-by-Country Trade Profiles
Below is a snapshot of each nation’s top three exports into the U.S. and America’s leading exports to them. Percentages are approximate shares of bilateral trade value.
Bangladesh (35 %)
- Top U.S. Imports (from BGD): • Knit apparel (55 %) • Woven apparel (20 %) • Footwear (8 %)
- Top U.S. Exports (to BGD): • Cotton (20 %) • Agricultural machinery (15 %) • Pharmaceuticals (10 %)
Bosnia & Herzegovina (30 %)
- Top U.S. Imports (from BIH): • Wood products (25 %) • Iron & steel (20 %) • Furniture parts (15 %)
- Top U.S. Exports (to BIH): • Industrial machinery (30 %) • Electric machinery (20 %) • Cereals (10 %)
Cambodia (36 %)
- Top U.S. Imports (from KHM): • Footwear (40 %) • Apparel (35 %) • Rubber products (5 %)
- Top U.S. Exports (to KHM): • Rice (25 %) • Motor vehicle parts (15 %) • Construction equipment (10 %)
Indonesia (32 %)
- Top U.S. Imports (from IDN): • Electrical machinery (25 %) • Footwear (12 %) • Furniture (10 %)
- Top U.S. Exports (to IDN): • Soybeans (15 %) • Machinery (14 %) • Aircraft (10 %)
Japan (25 %)
- Top U.S. Imports (from JPN): • Automobiles (35 %) • Auto parts (20 %) • Semiconductors (12 %)
- Top U.S. Exports (to JPN): • Aircraft & engines (25 %) • Soybeans (10 %) • Medical instruments (8 %)
- U.S. Bilateral Trade Deficit: $68.5 billion
Kazakhstan (25 %)
- Top U.S. Imports (from KAZ): • Crude oil (40 %) • Natural gas (25 %) • Precious metals (15 %)
- Top U.S. Exports (to KAZ): • Machinery (20 %) • Electrical equipment (15 %) • Agricultural chemicals (10 %)
Laos (40 %)
- Top U.S. Imports (from LAO): • Wood products (30 %) • Apparel (25 %) • Coffee (10 %)
- Top U.S. Exports (to LAO): • Agricultural machinery (20 %) • Pharmaceuticals (15 %) • Trucks & buses (10 %)
Malaysia (25 %)
- Top U.S. Imports (from MYS): • Integrated circuits (30 %) • Electronics (25 %) • Palm oil & derivatives (10 %)
- Top U.S. Exports (to MYS): • Civil aircraft (18 %) • Machinery (15 %) • Soybean oil (8 %)
Myanmar (40 %)
- Top U.S. Imports (from MMR): • Apparel (45 %) • Fibers & yarns (15 %) • Precious stones (10 %)
- Top U.S. Exports (to MMR): • Rice (20 %) • Cotton (15 %) • Construction machinery (10 %)
Serbia (35 %)
- Top U.S. Imports (from SRB): • Iron & steel (30 %) • Machinery parts (15 %) • Beverages (10 %)
- Top U.S. Exports (to SRB): • Aircraft parts (20 %) • Medical equipment (15 %) • Grain (10 %)
South Africa (30 %)
- Top U.S. Imports (from ZAF): • Precious metals (25 %) • Vehicles (15 %) • Wines & spirits (10 %)
- Top U.S. Exports (to ZAF): • Machinery (18 %) • Aircraft (12 %) • Soybeans (8 %)
South Korea (25 %)
- Top U.S. Imports (from KOR): • Semiconductors (30 %) • Automobiles (20 %) • Ships & boats (5 %)
- Top U.S. Exports (to KOR): • Aircraft (22 %) • Soybeans (12 %) • Industrial machinery (10 %)
- U.S. Bilateral Trade Deficit: $66 billion
Thailand (36 %)
- Top U.S. Imports (from THA): • Machinery (22 %) • Automobiles (15 %) • Electronics (10 %)
- Top U.S. Exports (to THA): • Airplanes (18 %) • Soybeans (10 %) • Construction equipment (8 %)
Tunisia (25 %)
- Top U.S. Imports (from TUN): • Electrical transformers (20 %) • Olive oil (15 %) • Textiles (10 %)
- Top U.S. Exports (to TUN): • Petroleum products (15 %) • Chemicals (12 %) • Machinery (10 %)
What’s Next?
With “take-it-or-leave-it” tariffs now set to take effect August 1, trading partners face a choice: accept these rates or invest in U.S. production to evade them. Several countries remain in late-stage talks to secure last-minute deals. Watch for updates on bilateral agreements and any further executive actions, which could reshape the economic landscape for these 14 nations and U.S. exporters alike.