New York. The clock is ticking toward US President Donald Trump's latest tariff deadline of August 1. While several new trade deals — or at least frameworks—have been announced since the last deadline on July 9, talks with many countries remain unresolved.

Back in April, Trump unveiled sweeping import tariffs on goods from nearly every country. That included heightened "reciprocal" rates, most of which have since been postponed twice.

The first 90-day pause appeared to be aimed at calming global markets and allowing time for individual negotiations. At one point, the Trump administration even set a lofty target of reaching 90 trade deals in 90 days.

Three months later, only two formal deals had materialized — with the UK and Vietnam. A framework was also established with China. In early July, Trump began sending warning letters, stating that higher tariffs would go into effect for dozens of countries on August 1.

Since then, more frameworks have been announced, but specifics are often vague or not yet finalized.

Here’s what we know so far, in order of the most recently announced agreements:

South Korea
On July 30, Trump said he reached a deal with Seoul for a 15 percent tariff on South Korean goods. Seoul also agreed to purchase $100 billion in US energy resources and invest $350 billion in projects “owned and controlled by the United States,” personally selected by Trump.

European Union
A framework deal was unveiled on July 27, imposing 15 percent tariffs on 70 percent of European imports, including pharmaceuticals, semiconductors, and autos. The remaining 30 percent is still under negotiation. European Commission President Ursula von der Leyen said the two sides agreed to eliminate tariffs on “strategic” goods, while Trump touted $750 billion in EU energy investments over three years and an additional $600 billion in non-binding political commitments.

Japan
On July 22, Trump announced a 15 percent tariff deal with Japan, down from the previously threatened 25 percent. Japan also agreed to invest $550 billion in the US and open its auto and rice markets to American goods. The deal lowers car tariffs, easing pressure on Toyota, Honda, and others. However, US competitors worry about uneven advantages.

Philippines
Following a July 22 meeting with President Ferdinand Marcos Jr., Trump reduced tariffs on Philippine goods to 19 percent, from a planned 20 percent. In exchange, US exports to the Philippines will reportedly be tariff-free. Marcos said more details are still under discussion.

Indonesia
On July 15, Trump said he would lower tariffs on Indonesian imports to 19 percent, from 32 percent. In return, over 99 percent of US goods exported to Indonesia will enter duty-free, according to a White House fact sheet. Indonesian President Prabowo Subianto said negotiations will continue.

Vietnam
On July 2, Trump announced a deal under which US exports to Vietnam would be duty-free, while Vietnamese exports to the U.S. would face a 20 percent tariff, less than half the 46 percent rate initially proposed. A 40 percent tariff will also apply to transshipped goods, particularly Chinese products rerouted through Vietnam.

United Kingdom
On May 8, Trump and the UK agreed to cut tariffs on cars, steel, and aluminum, while the UK lowered tariffs on US products like olive oil, wine, and sports equipment. Though initially vague, the US eventually confirmed that the UK would be exempt from new 50 percent steel and aluminum duties, though a 25 percent tariff remains.

China
At their peak, US tariffs on Chinese goods reached 145 percent, while China imposed 125 percent in return. On May 12, both sides agreed to a 90-day truce, reducing rates to 30 percent and 10 percent, respectively. By June, Treasury Secretary Scott Bessent said China agreed to ease restrictions on critical materials like magnets and rare earths. China said the US would lift some restrictions in return. Talks are ongoing, and a deadline extension beyond August 12 is under discussion.

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