These countries are part of what has been referred to as the “Dirty 15,” a group identified for their trade practices and imbalances.
Here’s a list based on recent reports:
- China: The largest goods trading deficit with the U.S., making it a primary target.
- European Union: Includes major economies like Germany, France, and Italy.
- Mexico: A key trading partner with substantial trade surplus.
- Vietnam: Known for its growing export-driven economy.
- Ireland: Significant trade surplus with the U.S.
- Japan: A major exporter to the U.S., particularly in automotive and electronics sectors.
- South Korea: Similar to Japan, heavily reliant on exports to the U.S.
- Canada: Already facing tariffs on energy and other goods.
- India: A growing trade partner with notable imbalances.
- Thailand: Another export-heavy economy.
- Taiwan: Significant trade surplus with the U.S.
- Switzerland: Known for its high-value exports.
- Malaysia: Export-driven economy with trade surplus.
- Indonesia: Similar to Malaysia, heavily reliant on exports.
- Austria and Sweden: Smaller economies but with notable trade surpluses.
Sources:
https://www.kygtrade.com/trade-esg-blog/understanding-reciprocal-tariffs
https://www.cfr.org/article/how-countries-stack-trumps-reciprocal-tariffs