A breakdown of the trade links of Trump’s latest tariff targets

Global leaders have until Aug. 1 to negotiate trade deals or risk the imposition of higher tariffs

The list of President Donald Trump's fresh levies is growing.

Over the weekend, Trump announced plans to impose a 30% tariff on imports from Mexico and all 27 European Union member states. Last week, Trump announced a 35% tariff on Canada, one of the nation's top trading partners.

Those tariffs, slated to take effect on August 1, add to a growing list of more than 20 countries already facing similar measures. 

TRUMP THREATENS 35% TARIFF ON CANADIAN GOODS

The majority of the new tariffs announced thus far closely reflect the rates Trump proposed in April. The Philippines has received the lowest tariff rate at 20%.

Here's a look at some of the trade profiles of countries named in Trump’s recent tariff letters so far:

Bangladesh

Main exports: Knit T-shirts, suits, knit sweaters

2024 export value: $8.4 billion

Trade relationship value: $10.6 billion

Tariff: 35%

Impact: Bangladesh's economy is heavily dependent on the U.S. market. Bangladesh, the world’s second-largest garment exporter, shipped an estimated $8.4 billion in goods to the U.S. in 2024, according to data from the U.S. Trade Representative. 

TRUMP ANNOUNCES 25% TARIFFS ON JAPAN, SOUTH KOREA

Nearly 80% of Bangladesh's total export earnings are powered by its garment industry, which also employs approximately 4 million people. 

Meanwhile, American exports to Bangladesh in 2024 have dipped to $2.2 billion, down 1.5% or about $34 million from 2023. 

Cargo ships off California coast

Cargo containers sit stacked on container ships at the Port of Los Angeles, the nation’s busiest container port in San Pedro, California. (Getty Images)

Brazil

Main exports: Soybeans, crude petroleum, iron ore, coffee, raw sugar

2024 export value: $42.3 billion

Trade relationship value: $92 billion

Tariff: 50%

Impact: Brazilian President Luiz Inácio Lula da Silva responded to Trump's 50% tariff announcement by saying that his country will respond with reciprocity.

Trump has singled out Brazil partly in retaliation for the ongoing prosecution of the country’s former president, Jair Bolsonaro.

Trump walks with former Brazilian President Bolsonaro during his first term.

President Donald Trump arrives to take part in a joint press conference with Brazil's President Jair Bolsonaro in the Rose Garden at the White House on March 19, 2019. (Jim Watson/AFP via / Getty Images)

According to the Observatory of Economic Complexity, the majority of Brazil's exports through May 2025 went to China.

The U.S. Trade Representative estimates Brazilian exports in 2024 reached $42.3 billion. The figure is up 8.3% or about $3.2 billion from 2023. Meanwhile, Brazil bought nearly $50 billion in U.S. goods. 

TRUMP ANNOUNCES 50% TARIFF ON ALL BRAZILIAN IMPORTS

That figure, according to U.S. Trade Representative figures, is up 11.3% or about $5 billion from 2023.

Burma

Main exports: Petroleum gas, dried legumes, rare-earth metal compounds

2024 export value: $656.5 million

Trade relationship value: $734 million

Tariff: 40%

Impact: Burma, like neighboring Laos, was also hit with a 40% U.S. tariff, the steepest rate imposed among the targeted countries. Trump initially placed a 44% proposed duty on Burma, which is about the size of Texas, in April. 

A worker in Myanmar dries fish at a factory

An employee works at a fish drying factory in Burma on Feb. 28, 2023. (Myo Kyaw Soe/Xinhua via / Getty Images)

In 2024, U.S. exports to the southeastern Asian country totaled approximately $77 million, down more than half, or about $95.3 million, from last year's figures. 

CHINA TRADE WAR THREATENS US FIREWORKS INDUSTRY

Meanwhile, U.S. imports from Laos were significantly higher, reaching around $656.5 million, according to data provided by the U.S. Trade Representative.

Cambodia

Main exports: Knit sweaters, footwear, travel goods

2024 export value: $12.7 billion

Trade relationship value: $13 billion

Tariff: 36%

Impact: Much like Bangladesh, the U.S. is the top market for Cambodia's garment industry, according to data from the Observatory of Economic Complexity. The U.S. Trade Representative estimates Cambodian exports in 2024 reached $12.7 billion. The figure is up 9.3% or about $1.1 billion from 2023. 

TARIFFS WILL REVERT TO APRIL LEVELS IF COUNTRIES DON'T MAKE A DEAL BY AUGUST 1, BESSENT SAYS

American exports to Cambodia in 2024 were $321.6 million, an increase of 4.9% or approximately $14.9 million, from the 2023 figures. 

Garment workers in a Cambodian factory

Garment workers make clothes at a factory in Phnom Penh, Cambodia. (Wu Changwei/Xinhua via / Getty Images)

Canada

Main exports: Crude petroleum, cars, agricultural products

2024 export value: $412.7 billion

Trade relationship value: $762.1 billion

Tariff: 35%

Impact: Trump had previously set a 25% levy on Canadian products that were not included in the U.S.-Mexico-Canada trade agreement. 

According to U.S. Trade Representative data, Canada is typically one of the nation's top trading partners. Last year, the bilateral trade relationship totaled $762.1 billion. 

A sign posted in a Canada grocery store identifies products impacted by tariffs

U.S. products with prices affected by tariffs display a ''T'' symbol banner at a grocery in Toronto, Canada, on May 15, 2025. (Photo by Arrush Chopra/NurPhoto via Getty Images / Getty Images)

Last year, Canada exported over three-quarters of its products to the United States and imported nearly half of its goods from the nation.

American exports to Canadian ports reached $350 billion in 2024.

Indonesia

Main exports: Palm oil, coal briquettes

2024 export value: $28.1 billion

Trade relationship value: $38.3 billion

Tariff: 32%

Impact: Indonesia, the world's top exporter of palm oil, exported $28.1 billion to the U.S., according to data provided by the U.S. Trade Representative.

TRUMP CONFIRMS AUGUST 1 DEADLINE FOR COUNTRIES TO REACH TRADE DEALS OR FACE TARIFF INCREASES

Jakarta's top trading partner is Beijing, followed by Washington. Meanwhile, American imports to Indonesia have increased to $10.2 billion, up approximately $364 million from trade deals in 2023.

Indonesian garment worker

A worker arranges rolls of thread for a weaving loom at the Trisula Textile Industries factory in Cimahi, West Java, on April 15, 2025. (Timur Matahari/AFP via / Getty Images)

Laos

Main exports: Electricity, potassic fertilizers, metals, copper ore

2024 export value: $803.3 million

Trade relationship value: $844 million

Tariff: 40%.

Impact: Laos, which is slightly larger than Utah, has a heavy export-driven economy and depends largely on the Chinese and Thai marketplace. Trump originally proposed a 48% tariff on the southeast Asian country in April but recently dropped the duty to 40%.

TRUMP URGED TO TAKE ON SOUTH KOREA OVER TECH REGULATIONS THAT TARGET US, SPARE CHINA

In 2024, U.S. exports to Laos totaled approximately $40.4 million, about $5.9 million less than the previous year. By contrast, U.S. imports from Laos were significantly higher, reaching around $803.3 million, according to data provided by the U.S. Trade Representative.

Mexico

A worker checks on an agave plant used to make tequila

An agave producer checks a plantation, raw material for tequila production, at the outskirts of the municipality of Tepatitlan, Jalisco State, Mexico, on February 2, 2025. (Ulises Ruiz/ /AFP via Getty Images / Getty Images)

Main exports: Machinery, medical devices, vehicles, agricultural products

2024 export value: $506 billion

Trade relationship value: $840 billion

Tariff: 30%

Impact: Mexico is one of the nation's top trading partners with exports like vehicles, machinery and more than $48 billion in agricultural products, like tequila.

In 2024, more than 80% of Mexican exports went to the U.S., according to data provided by the U.S. Trade Representative. 

EU OFFICIALS RESPOND TO TRUMP'S PROPOSED 30% TARIFFS

U.S. imports from Mexico in 2024 reached around $506 billion, according to data provided by the U.S. Trade Representative. That figure is up 6.4% or $30.6 billion compared to the year before.

South Africa

Main exports: Gold, minerals, coal briquettes

2024 export value: $14.7 billion

Trade relationship value: $20.5 billion

Tariff: 30%

Impact: South African President Cyril Ramaphosa was quick to push back on Trump's 30% tariff, saying the figure is based on inaccurate trade data between the two countries. Ramaphosa added that he will continue to engage in trade talks with the Trump administration. The U.S. is South Africa's second-largest trading partner, behind China. 

TRUMP CONFIRMS AUGUST 1 DEADLINE FOR COUNTRIES TO REACH TRADE DEALS

In 2024, U.S. exports to South Africa totaled approximately $5.8 billion, about $1.3 billion less than the previous year. By contrast, U.S. imports from South Africa were significantly higher, reaching around $14.7 billion, according to data provided by the U.S. Trade Representative.

A worker in Thailand makes latex sheets

A worker makes latex sheets at the Klong Pang Rubber Fund Cooperative factory in Trang province, Thailand, on May 13, 2025. (Valeria Mongelli/Bloomberg via / Getty Images)

Thailand

Main exports: Automobiles, electronics, machinery, agriculture

2024 export value: $63.3 billion

Trade relationship value: $81.0 billion

Tariff: 36%

Impact: Thailand's top two trading partners are the U.S. followed by China. In 2024, Thailand exported $63.3 billion to the U.S. and imported $17.7 billion in American goods. Bangkok has offered more trade concessions to Washington in order to avert the 36% tariff. 

CLICK HERE TO GET FOX BUSINESS ON THE GO