U.S. Treasury Secretary Scott Bessent has identified a group of nations, termed the "Dirty 15," which are characterized by substantial trade imbalances with the United States. These countries are anticipated to be the primary targets of the forthcoming tariffs set to be announced on April 2, referred to by President Donald Trump as "Liberation Day."
While the administration has not officially disclosed the complete list, reports suggest that the "Dirty 15" includes countries with significant trade surpluses with the U.S., such as China, Germany, Japan, Mexico, and India.
The planned tariffs aim to address perceived unfair trade practices and reduce the U.S. trade deficit. However, these measures have raised concerns among the targeted nations and international trade experts about potential retaliatory actions and the broader implications for global trade dynamics.
Who are Dirty 15 ?
. According to the report, the countries with the highest goods trade deficits with the US are:
- China
- European Union
- Mexico
- Vietnam
- Ireland
- Germany
- Taiwan
- Japan
- South Korea
- Canada
- India
- Thailand
- Italy
- Switzerland
- Malaysia
- Indonesia
- These countries collectively account for a major portion of the US trade imbalance and are expected to face the most significant impact from the new tariffs.
- In addition to this, the Office of the US Trade Representative (USTR) has also highlighted 21 nations that follow trade practices deemed unfair.
This extended list includes:- Argentina, Australia, Brazil, Canada, China, the European Union, India, Indonesia, Japan, South Korea, Malaysia, Mexico, Russia, Saudi Arabia, South Africa, Switzerland, Taiwan, Thailand, Turkey, the United Kingdom and Vietnam