Where Data Tells the Story
© Voronoi 2025. All rights reserved.
The contours of global trade order are being redrawn — not through multilateral consensus, but by unilateral action.
In August, a fresh round of reciprocal tariffs announced by the U.S. comes into force, following the expiration of a 90-day trade negotiation window offered by the Trump administration. Countries with which the U.S. runs persistent trade deficits have been hit with revised duties — some facing steeper rates than before, others negotiating temporary reprieve.
But tariffs tell only half the story. The real economic weight lies in how deeply these partners depend on the American market.
This chart plots the latest U.S. tariff rates against the share of each partner country’s total exports that go to the U.S. — offering a visual snapshot of which economies are most exposed, and which may have more room to manoeuvre.
Note: A 10% universal tariff will apply to all imports, regardless of origin. Mexico has been granted an extended negotiation window. The EU, while excluded from this chart due to bloc-level reporting, faces a 15% baseline rate across key sectors.
Countries selected are those facing revised U.S. tariffs with which the U.S. runs a goods trade deficit.