The news of trade negotiations – those that have succeeded and those that are faltering – continues to come in as we are a week away from the country-specific reciprocal tariffs coming into effect.
Today, President Trump announced that the U.S. had reached a trade deal with Vietnam. Under the deal, Vietnamese goods imported into the U.S. would face a 20% tariff, lower than the 46% tariff levied as part of the "Liberation Day" tariffs, but higher than the 10% baseline reciprocal tariff currently in effect. The Vietnam deal marks the second confirmed trade deal that the U.S. has struck with a trading partner since the reciprocal tariffs were announced; the first being with the U.K. A partial agreement to lower tariffs has also been reached between the U.S. and China.
Negotiations are ongoing with other countries, with India reportedly close to a deal. The U.S.’s negotiations have resumed with Canada after it abandoned a proposed digital services tax in order to avoid tariffs. The European Union has indicated it is willing to accept a 10% tariff on many of its exports but is seeking exemptions for pharmaceuticals, alcohol, semiconductors, and commercial aircraft. At the other end of the spectrum of negotiations, a deal with Japan appears less likely due to disputes over U.S. rice exports and threatened U.S. tariffs of 30% to 35% on imported Japanese goods.
Keeping track of all of the tariffs that have been promulgated or proposed during the Trump Administration continues to be a head-spinning task. To help follow the proliferation of tariffs in the Trump Administration, I have put together the following list of each of the tariff measures that have been implemented, pending, or proposed since January 20, 2025.
Here is the developing landscape of U.S. tariffs as of July 2, 2025:
This list will be updated weekly as new tariffs are implemented and new targets for tariffs are identified by President Trump and the administration.
