Trump tariffs

His administration is looking to impose more duties on its trade partners

His administration wants the rebuilt wall of import taxes to mirror those Trump put on every major trading partner in 2025

The political agenda behind levies also threatens to hurt the region’s ties with the US

Customs data shows importers continue to pay more than US$35 billion a year under the expanded Section 301 tariffs

For the full fiscal year, the country’s deficit is expected to widen, based on Congressional Budget Office projections

CBP has been processing billions of US dollars in refund claims through a new online portal for more than a month

The US trade deficit with Vietnam reached US$54.8 billion in the first three months of 2026

The end of optimism in a post-common-sense era of geopolitics

USTR has proposed levies of up to 12.5% on imports from 60 countries