HomeAsiaFactbox-The 16 US trading partners hit by Trump's '301' probes

Factbox-The 16 US trading partners hit by Trump’s ‘301’ probes

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March 11 (Reuters) - ‌The United States on ​Wednesday said it was launching unfair trade ⁠practice investigations into 16 key trading partners, part of an urgent ​effort by President Donald Trump's administration to ‌restore tariffs recently struck down by the U.S. Supreme Court as illegal.

The probes ⁠are being conducted under ⁠Section 301 of the Trade Act of 1974, which empowers the U.S. Trade Representative to impose ‌tariffs or other retaliatory measures against ⁠trading partners determined to ‌employ unfair trade practices.

The ​administration alleges the 16 all employ policies that disadvantage U.S. goods ‌producers, resulting in all ​but one ⁠of them running substantial goods trade ‌surpluses with ⁠the U.S. 

Here are the 16 subject to the investigation:    

Country/Area Goods trade Goods trade Change 

surplus/defici surplus/defici ($ mln)

t t ​2024 ($ mln)

2025 ($ mln)

European ‌Union 218,750 235,874 -17,124

China 202,071 295,515 -93,444

Mexico 196,913 171,491 25,422

Vietnam 178,183 123,457 54,726

Taiwan 146,756 73,718 73,038

Thailand 71,856 45,492 26,364

Japan 63,883 69,392 -5,509

India 58,216 45,801 12,415

Korea, South 56,416 65,967 -9,551

Switzerland 34,304 38,283 -3,979

Malaysia 30,791 24,854 5,937

Indonesia 23,716 17,893 5,823

Cambodia 14,928 12,327 2,601

Bangladesh 7,146 6,063 1,083

Norway 2,069 2,043 26

Singapore -3,553 -1,855 -1,698

Source: U.S. Census Bureau trade ⁠data

(Reporting by Dan ​Burns in New York; Editing ​by Matthew Lewis)

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