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Overview

This folder contains detailed trade analysis for the top 15 US import partners (excluding Brazil, which has its own comprehensive file).

Quick Reference: Current Tariff Rates

Rank	Country	Current Tariff	Agreement Type
1	Mexico	0-25%	USMCA
2	China	~55%	Phase One + Deal
3	Canada	0-35%	USMCA
4	Germany	15%	EU Framework
5	Japan	15%	Strategic Deal
6	Vietnam	20%	Framework
7	South Korea	15%	KORUS + Deal
8	Taiwan	15%	Trade Agreement
9	Ireland	15%	EU Framework
10	India	50%	Negotiating
11	Italy	15%	EU Framework
12	UK	10%	Economic Prosperity Deal
13	Thailand	19%	Framework
14	France	15%	EU Framework
15	Malaysia	19%	Reciprocal Trade

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Countries by Tariff Tier

Lowest (10%)

• UK - Economic Prosperity Deal

Low-Mid (15%)

• Germany, Japan, South Korea, Taiwan, Ireland, Italy, France (EU members + strategic allies)

Mid (19-20%)

• Vietnam, Thailand, Malaysia (ASEAN countries)

High (50%+)

• India (50%) - No deal, highest among major partners
• China (~55%) - Trade war, partial truces

Variable (FTA-dependent)

• Mexico (0% if USMCA-compliant, 25% otherwise)
• Canada (0% if USMCA-compliant, 35% otherwise)

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Steel/Aluminum Note

All countries face 50% Section 232 tariffs on steel and aluminum, with limited exceptions:

• UK: 25% (pending quota for 0%)
• Some quota arrangements being negotiated

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Key Themes

USMCA Protection

Mexico and Canada benefit from USMCA compliance exemptions, protecting the majority of trade.

EU Unified Treatment

Germany, Ireland, Italy, and France all trade under the same EU-US Framework at 15%.

Strategic Ally Deals

Japan, South Korea, Taiwan, UK negotiated favorable bilateral arrangements reflecting security ties.

ASEAN Cluster

Vietnam, Thailand, Malaysia all landed at 19-20%, competing for manufacturing investment.

High Tariff Outliers

India (50%) and China (~55%) face the highest rates, reflecting broader geopolitical tensions.