On June 29, Trump announced that he will be sending letters to countries that assign tariff rates in lieu of trade deals.
This comes despite Trump’s boast during late April that he completed trade deals with 200 countries. In reality, he only achieved deals with China, Indonesia, and the United Kingdom. While he claimed to have reached a deal with Vietnam, that country stated that it is still cooperating with the United States to reach a trade deal on July 17.
Trump has not even sent letters to the “hundreds” of countries threatened. Threats of tariff letters made on May 16 and June 11 went unfulfilled. Here are the only countries and entities that have received trade letters (which includes countries that the United States has already made a deal with):
- Indonesia
- Vietnam
- United Kingdom
- European Union
- Moldova
- Serbia
- Bosnia and Herzegovina
- Mexico
- Canada
- Iraq
- Philippines
- Sri Lanka
- Cambodia
- Laos
- Myanmar
- Bangladesh
- Japan
- Malaysia
- South Korea
- Kazakhstan
- Thailand
- Brunei
- Tunisia
- Libya
- Algeria
After Trump’s tariff pause in early April, Commerce Secretary Howard Lutnick and National Economic Council director Kevin Hassett promised several deals in the coming week (this did not happen). Unspecified officials in the administration promised “90 deals in 90 days before the pause expired.” Saving face, Treasury Secretary Scott Bessent stated that trade deals can be reached by Labor Day.
