Trump’s 2025 tariffs shake global trade: Top 10 countries most affected
The U.S. “reciprocal tariffs” under President Donald Trump’s trade policies are poised to disrupt global trade flows. Data from the White House highlights the top 10 countries most affected by the 2025 tariff hikes, with China, Cambodia, and Vietnam topping the list.
With a baseline 10% tariff on all imports, which took effect April 5, 2025, and higher rates for specific goods and countries, global supply chains are being restructured in real time.
Top affected countries and sectors:
Country: China
Sectors affected: Electronics, steel, solar tech
Tariff rate: 54%
Country: Cambodia
Sectors affected: Garments, textiles
Tariff rate: 49%Country: Vietnam
Sectors affected: Electronics, clothing, footwear
Tariff rate: 46%
Country: Thailand
Sectors affected: Electronics, clothing, footwear
Tariff rate: 36%
Country: Indonesia
Sectors affected: Palm oil, textiles, minerals
Tariff rate: 32%
Country: Taiwan
Sectors affected: Semiconductors, tech components
Tariff rate: 32%
Country: India
Sectors affected: IT services, pharmaceuticals
Tariff rate: 26%
Country: South Korea
Sectors affected: Electronics, vehicles
Tariff rate: 25%
Country: Japan
Sectors affected: Auto industry, robotics
Tariff rate: 24%
Country: Malaysia
Sectors affected: Semiconductors, oil & gas
Tariff rate: 24%
Real-time impacts already in motion
1. Supply Chains Scramble to Adapt
Major U.S. retailers like Walmart and Target have already begun rerouting orders, with apparel firms shifting operations from Cambodia and Vietnam to Latin American countries like Mexico and Honduras to avoid steep tariffs.
2. Stock Market Volatility
U.S. tech giants such as Apple, Dell, and Tesla—heavily reliant on Chinese and Taiwanese components—have seen share price dips in anticipation of costlier imports. Analysts at Morgan Stanley predict a 0.5–0.7% drag on U.S. GDP if tariffs remain in place beyond Q3 2025.
3. Price Hikes for U.S. Consumers
Tariffs on electronics and consumer goods will inevitably raise prices for American households. The National Retail Federation estimates that the average American family will pay $1,200 more annually due to tariff-induced inflation, particularly on smartphones, appliances, and clothing.
