For decades, unfair trading practices have led to the offshoring of our manufacturing base, undermining our critical supply chains, and, most importantly, forfeiting American Jobs. As of August 18, 2025, President Trump has reached fair and reciprocal trade deals with forty countries, representing half of imports to the United States.
The Trump Administration brokered a revolutionary trade deal with the European Union (EU), bringing balance to two of the world’s largest economies. The European Union has agreed to remove all tariffs on imports from the United States, while the EU now has to pay fifteen percent tariffs on all goods entering the US. The EU has pledged to invest $2.25 trillion into the American economy.
Additionally, Thailand and Vietnam, two major producers of cheap goods and exporters of Chinese goods, have been slapped with twenty percent and nineteen percent tariffs. Similar to the case of the trade deal reached with the EU, both Thailand and Vietnam have agreed to drop all tariffs on American goods imported into their countries. Furthermore, Indonesia decided to buy $25 billion in American goods. Both countries also agreed to a forty percent tariff on the transshipment of Chinese goods, further weakening China’s position of unfair and unbalanced trade with the United States.
For now, China is the remaining holdout to come to the negotiating table. However, their position is unsustainable as they are dumping cheap goods at a loss and are unable to circumvent the tariffs placed on the transshipments of their goods. Now that trade deals have been brokered with the United States’ major trading partners, companies will begin to reorganize, bringing manufacturing and employment opportunities back to our country. Certainly, these major trade deals are wins for the American people and represent the dominance of the American market and the dependency these countries have on selling their products in the United States. We must continue to reassert our global trade dominance, reaching reciprocal agreements that offer balance and stability to the American economy and trade position.
