Trump Trade Agreements

The U.S. has announced multiple trade agreements after President Trump imposed reciprocal tariffs on almost all countries. Details can be found below for each agreement. 

Jump to:  Australia | Cambodia | EU | Indonesia | Japan | Korea | Malaysia | Thailand | UK | Vietnam  

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Australia

• White House Fact Sheet: President Donald J. Trump Closes Billion-Dollar Deals With Australia (October 20, 2025)
• White House: United States - Australia Framework for Securing of Supply in the Mining and Processing of Critical Minerals and Rare Earths (October 20, 2025)

Cambodia

Details on the October 26, 2025 agreement with Cambodia can be found in this ST&R Trade Report article.

• USTR Fact Sheet: The United States and Cambodia Reach an Agreement on Reciprocal Trade (October 26, 2025)
• White House: Agreement Between the United States of America and the Kingdom of Cambodia on Reciprocal Trade (October 26, 2025)
• White House: Joint Statement on United States - Cambodia Agreement on Reciprocal Trade (October 26, 2025)
• White House: Joint Declaration by the Prime Minister of the Kingdom of Cambodia and the Prime Minister of the Kingdom of Thailand on the Outcomes of Their Meeting in Kuala Lumpur, Malaysia (October 26)

European Union

On August 21, 2025, The U.S. and European Union released a joint statement establishing a framework for a bilateral trade agreement. Read more in this ST&R Trade Report article.

• Federal Register: Implementing Certain Tariff-Related Elements of the U.S.-EU Framework on an Agreement on Reciprocal, Fair, and Balanced Trade (September 25, 2025)
• CSMS #66336270 - Guidance - Implementation of Tariff-Related Elements of the United States-European Union Framework Agreement (September 24, 2025)
• White House: Joint Statement on a United States - European Union Framework on an Agreement on Reciprocal, Fair, and Balanced Trade (August 21, 2025)
• White House Fact Sheet: The United States and European Union Reach Massive Trade Deal (July 28, 2025)

Indonesia

On July 22, 2025, the U.S. and Indonesia agreed to a framework for negotiating a bilateral trade agreement. Details can be found here.

• White House Fact Sheet: The United States and Indonesia Reach Historic Trade Deal (July 22, 2025)

Japan

On September 4, 2025, President Trump issued an executive order implementing a trade framework agreement with Japan that was announced in July. Read more details here. 

• White House: The United States Signs Technology Prosperity Deals with Japan and Korea (October 29, 2025)
• White House Fact Sheet: President Donald J. Trump Drives Forward Billions in Investments from Japan (October 28, 2025)
• White House: Implementation of the Agreement Toward a NEW GOLDEN AGE for the U.S. - Japan Alliance (October 27, 2025)
• Federal Register: Implementing Certain Tariff-Related Elements of the United States-Japan Agreement (September 16, 2025)
• CSMS #66242844: Updated Guidance - Implementation of the United States-Japan Agreement and Modification of Duties on Imports from Japan (September 15, 2025)
• CSMS #66146676: Interim Guidance - Retroactive Implementation of the United States-Japan Agreement (September 5, 2025)
• White House: United States - Japan Framework for Securing the Supply of Critical Minerals and Rare Earths Through Mining and Processing (October 27, 2025)
• White House: Implementing the United States - Japan Agreement (September 4, 2025)
• USTR: U.S.-Japan Trade Agreement Text, Annexes & Side Letters

Korea

• White House: Memorandum of Understanding Between the Government of the United States of America and the Government of the Republic of Korea Regarding the U.S.-ROK Technology Prosperity Deal (October 29, 2025)
• White House: The United States Signs Technology Prosperity Deals with Japan and Korea (October 29, 2025)
• White House Fact Sheet: President Donald J. Trump Brings Home More Billion Dollar Deals During State Visit to the Republic of Korea (October 29, 2025)

Malaysia

Details on the October 26, 2025 agreement with Malaysia can be found in this ST&R Trade Report article.

• USTR: Schedules 1 and 2 for the U.S. - Malaysia Agreement on Reciprocal Trade (October 26, 2025)
• USTR Fact Sheet: The United States and Malaysia Reach an Agreement on Reciprocal Trade (October 26, 2025)
• White House Fact Sheet: President Donald J. Trump Secures Peace and Prosperity in Malaysia (October 26, 2025)
• White House: Agreement Between the United States of America and Malaysia on Reciprocal Trade (October 26, 2025)
• White House: Joint Statement on United States - Malaysia Agreement on Reciprocal Trade (October 26, 2025)
• White House: Memorandum of Understanding Between the Government of the United States of America and the Government of Malaysia Concerning Cooperation to Diversity Global Critical Minerals Supply Chains and Promote Investments (October 26, 2025)

Thailand

Details on the October 26, 2025 agreement with Thailand can be found in this ST&R Trade Report article.

• USTR Fact Sheet: The United States and Thailand Reach a Framework for an Agreement on Reciprocal Trade (October 26, 2025)
• White House: Joint Statement on a Framework for a United States - Thailand Agreement on Reciprocal Trade (October 26, 2025)
• White House: Memorandum of Understanding Between the Government of the United States of America and the Government of the Kingdom of Thailand Concering Cooperation to Diversify Global Critical Minerals Supply Chains and Promote Investments (October 26, 2025)
• White House: Joint Declaration by the Prime Minister of the Kingdom of Cambodia and the Prime Minister of the Kingdom of Thailand on the Outcomes of Their Meeting in Kuala Lumpur, Malaysia (October 26)

The United Kingdom

On June 16, 2025, President Trump issued an executive order implementing a trade framework agreement with the United Kingdom that was announced in May. Read more details here.

• CSMS #65475725: Guidance: United States of America and the United Kingdom of Great Britain and Northern Ireland Economic Prosperity Deal (June 27, 2025)
• White House Fact Sheet: Implementing the General Terms of the U.S.-UK Economic Prosperity Deal (June 17, 2025)
• Federal Register: Implementing the General Terms of the United States of America-United Kingdom Economic Prosperity Deal (June 16, 2025)
• White House: Implementing the General Terms of the United States of America - United Kingdom Economic Prosperity Deal (June 16, 2025)
• USTR Fact Sheet: U.S.-UK Reach Historic Trade Deal (May 2025)
• White House: General Terms for the United States of America and the United Kingdom of Great Britain and Northern Ireland Economic Prosperity Deal (May 8, 2025)

Vietnam

Details on the October 26, 2025 agreement with Vietnam can be found in this ST&R Trade Report article.

• USTR Fact Sheet: The United States and Viet Nam Reach a Framework for an Agreement on Reciprocal, Fair, and Balanced Trade (October 26, 2025)
• White House: Joint Statement on a United States - Vietnam Framework for an Agreement on Reciprocal, Fair, and Balanced Trade (October 26, 2025)