The winners and losers from the new Trump tariff

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Create the latest tour of the Donald Trump Management for a new maze of the bases for merchants and countries.

Here are some amazing and unexpected results from the United States’s jump towards protectionism.

Asian countries take a double blow

Many of the highest tariff prices applied by Trump on Wednesday to Asian countries, as Cambodia faces a tariff of 49 percent, Vietnam 46 percent, Thailand 37 percent, Taiwan 32 percent, and Indonesia 32 percent, all of them are much higher than the optimum rate of 20 percent thanks to American imports, for example.

Regarding the misery of these countries, the vast majority of the region’s exports to the United States will not be covered through the limited list of exempt goods announced by the White House on Wednesday.

Even if these exemptions – which include medicines, semiconductors, wood and some minerals – prove that they are temporary, they send a clear message to Asian countries that their basic exports to the United States are potential early victims of a new trade war.

The flat rate of the European Union

A fixed rate of 20 percent applied to all European Union created a curious pattern of winners and losers, depending on the trade of each individual country with the United States.

In 2024, the United States stated that the largest commercial surplus in goods was with the Netherlands ($ 55 billion), which receives the same rate of customs tariffs such as Ireland – which the United States runs 87 billion dollars during the same period.

Countries such as France, Spain and Belgium, in which the United States runs surpluses or a small deficit, may complain at the rate of the blanket, but 15 countries in the bloc would have received a higher tariff if the bases were applied at the level of individual organs.

Even this only tells half of the story, as temporary exemptions on various products create a wide range of effective rates of European Union countries.

Ireland’s focus on drugs, temporarily exempt from customs tariffs, will maintain the actual tariff rate less than 5 percent at the present time.

For Slovakia, though, additional customs tariffs such as Trump on cars and auto parts mean that its heavy economy in manufacturing faces a much effective rate higher than the address of 20 percent.

Friendly fire – American trade surplus also attracts customs tariffs

Although Trump’s tariff aims to target countries with a large deficit in the United States, the global tariff of at least 10 percent hit countries often countries with trade surpluses.

According to its own commercial numbers, the United States has a trade deficit as only 14 of 122 tariff countries have been delivered by 10 percent.

The United Arab Emirates, which has a surplus of $ 19.5 billion, Australia, with $ 17.9 billion, and the United Kingdom, with $ 11.9 billion, is the most affected by “friendly fire” between this regiment, with regard to the meteorology of trade.

Annual trade patterns may not be repeated every year

The so-called “mutual” element of definitions was calculated using trade data from 2024. But import and export trends are constantly turning, leaving a large number of countries facing the penalty for customs tariffs after one good year-and the opposite is true.

In 2024, the United States reported a deficit with 15 countries that had surplus in the previous year. On the contrary, the United States reported a trade surplus with 18 countries that have been deficit in the previous year, leaving Kenya, for example, with the baseline only 10 percent.

For some countries, 2024 has deviated from long -term trends. Namibia received a tariff rate of 21 percent after its highest surplus registration in more than a decade in 2024, despite the deficit in three of the previous four years.

Think of thought in 5,819 residents of St. Pierre and Miklon, who were briefly appointed by a 50 percent tariff, according to the initial figures issued by the White House. This rate was based on 2024, very unusual for semi -independent external lands, which obtained a trade surplus by returning part of one plane worth $ 3.4 million to the United States.

However, this high tariff rate has disappeared by the time when the White House issued its official executive order.