In Trump’s sights: countries with the most commercial surplus with the US.

Several countries register high commercial surpluses with USAso they could be submitted to the “reciprocal tariffs“Announced by the US president, Donald Trump.

USA It will review the list of countries with which it maintains important commercial deficits before adopting punitive tariffs, possibly from April 2, the White House said Thursday.

The announcement occurred after Trump will inform on Thursday that will impose “reciprocal tariffs“To other countries.

“If they impose a tariff or tax, we impose exactly the same level of tariff or tax, it is that simple”Said the Republican president.

These are the countries that export many more products to the United States than they import, and that run the risk of being the object of the new tariffs.

China, first

China heads the list with a commercial surplus of US $ 295.4 billion with the United States in 2024, according to February data of the Office of Economic Analysis (BEA), an agency that depends on the United States Department of Commerce.

China It was considered for many years as the world factory and is a great exporter, among other factors, due to the presence of multinational companies industries in the country.

It also benefits, according to Trumpof an artificially low currency, to make its sales abroad more competitive.

Trump has already held a commercial war with Beijing during his first term and announced on his return to the White House additional 10% tariffs for Chinese products.

Disparities in Europe

The European Union records a commercial surplus of US $ 235.6 billion, but there are strong disparities between Member States.

Ireland records the largest commercial surplus among EU members with 86.7 billion euros [unos US$ 91,101 millones]. The figure, however, is partly explained by the presence of numerous US groups as a result of favorable taxation.

It is followed by Germany with US $ 84.8 billion of commercial surplus and Italy with US $ 44,000 million. France, in turn, records a surplus of US $ 17,232 million, according to the United States, although according to the statistics of French customs, it has a deficit.

Switzerland, Austria and Sweden also present commercial surpluses, respectively with US $ 38,500 million, 13,100 million and 9.8 billion.

Mexico and Vietnam, Paso de Paso

Mexico has the third largest commercial surplus, according to US statistics, with US $ 171,800 million, followed by Vietnam, with US $ 123,500 million.

Both countries are known for being low -cost production platforms for multinational companies, which then export to large markets.

The proximity of Mexico with the United States drives many companies, even Americans, to install factories there.

Both Vietnam and the Latin American country took the most of Trump’s first commercial war to reinforce their commercial surpluses.

Vietnam became the ideal country to establish business and avoid Trump attacks to Beijing in its first term, and its exports to the United States grew strongly between 2017 and 2023.

Mexico, on the other hand, registered a strong increase in Chinese exports, which were then allocated to the US market.

Other countries with commercial surpluses

Taiwan (US $ 73.9 billion), Japan (68.5 billion), South Korea (66,000 million), Canada (63.3 billion), India (45.7 billion) and Thailand (45.6 billion) also lead the list of large winners in commerce with trade with USA.