Which countries have made a deal with Trump?
BBC News, August 2, 2025
We are expecting White House Press Secretary Karoline Leavitt's briefing at 13:00 EDT (18:00BST), which will also likely focus heavily on tariffs - in addition to developments in Gaza.
Before that here's a look at the countries and regions that have inked trade deals with the Trump administration ahead of the midnight deadline:
United Kingdom - After reaching a deal in March, the tariff rate for UK exports will be set at 10%. Britain is allowed to export 100,000 cars to the US at a 10% tariff rate, as opposed to the 25% rate announced in March.
European Union - A tariff rate of 15% will be imposed on most goods - this is half the rate of the 30% rate that had previously been threatened
Japan - A tariff rate of 15% will be imposed on all Japanese goods, lower than the 25% that had been threatened
Philippines - Exports from the Philippines will be taxed at 19%, down from 20%
China - In late May, the US announced it would be reducing the tariff rate imposed on China to 30%, down from 145%
Vietnam - Before striking a deal, the US announced a 46% tariff rate, it's now down to 20%
Indonesia: On 15 July, a deal was made to bring the tariff down from 32% to 19%
South Korea: Tariff rate after the agreement
As Mexico and the US publicly discuss pausing the higher tariffs and working together to possibly reach a deal in the next three months, we turn for a moment to another country where Trump has taken a far different tack, Brazil.
The country's ambassador to the UK, Antonio Patriota, just called US plans to raise tariffs on goods from his country to 50% “a significant blow."
Speaking to BBC Newshour, he went on to say that the “current hostility demonstrated by the US government” is “self-defeating, counterproductive, illegal and very unwise”.
President Trump recently confirmed the US would dramatically increase the tariffs in retaliation over the prosecution of his ally, former Brazilian President Jair Bolsonaro.
“Brazil is a country without enemies… I am confident that wisdom will prevail in the long run. But, if we are in for a bumpy ride, you can expect Brazil to hold up its dignity," the ambassador says.
As Mexico and the US publicly discuss pausing the higher tariffs and working together to possibly reach a deal in the next three months, we turn for a moment to another country where Trump has taken a far different tack, Brazil.
The country's ambassador to the UK, Antonio Patriota, just called US plans to raise tariffs on goods from his country to 50% “a significant blow."
Speaking to BBC Newshour, he went on to say that the “current hostility demonstrated by the US government” is “self-defeating, counterproductive, illegal and very unwise”.
President Trump recently confirmed the US would dramatically increase the tariffs in retaliation over the prosecution of his ally, former Brazilian President Jair Bolsonaro.
“Brazil is a country without enemies… I am confident that wisdom will prevail in the long run. But, if we are in for a bumpy ride, you can expect Brazil to hold up its dignity," the ambassador says.
Mexico's Sheinbaum says 90 days will be used to build a long-term deal
Mexican President Claudia Sheinbaum just posted on X, speaking positively about her conversation with Trump and saying they will use the 90 day extension to come to a deal.
"We had a very good call with US President Donald Trump. We avoided the tariff increase announced for tomorrow and achieved 90 days to build a long-term agreement based on dialogue," she writes.
More tariff revenue for the US government
The Budget Lab at Yale University estimates that, as of 28 July 2025, the average effective tariff rate imposed by the US on goods imports stood at 18.2%, the highest since 1934.
That was up from 2.4% in 2024, before Donald Trump returned to office.
That significant increase means the US government's tariff revenues have shot up.
Official US data shows that in June 2025 tariff revenues were $28bn, triple the monthly revenues seen in 2024.
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