So far, the administration has agreed a trade deal with the UK and a “trade agreement” with China (which merely brings tariffs back down to their “Liberation Day” levels)
With just a week to go until tariffs return, here’s where things stand in Asia’s trade negotiations with Washington.
Japan also faces a 24% tariff on all its exports, as well as a 50% tax on steel and aluminum.
South Korea hopes to be exempt from all U.S. tariffs, including the 25% reciprocal tariff on its exports, as well as the 25% tariffs on cars and the 50% tariff on steel and aluminum.
