Indonesia, Donald Trump and tariff
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Tuko News on MSNTrump says Indonesia to face 19% tariff under trade dealPresident Donald Trump said Tuesday that he had struck a trade pact with Indonesia resulting in a lower US tariff on the country's goods than earlier threatened, alongside better market access. India basically is working along that same line,
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Mari Pangestu, Indonesia President's Special Advisor for International Trade says Indonesia will continue to negotiate with the U.S. on the details of the trade agreement and stresses that deregulation and reforms are key to Indonesia's response to the uncertainty in the world these days.
Financial markets greeted US President Donald Trump’s tariff deal with Indonesia with little fanfare Wednesday, signaling the rate of around 20% that was once viewed as punitive is now seen as workable.
President Donald Trump has been sending letters to countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.
Indonesia is leveraging a potential $10 billion oil and fuel import deal to pressure the U.S. into lowering steep tariffs on Indonesian goods.
Brazilian President Luiz Inácio Lula da Silva spoke exclusively with CNN’s Christiane Amanpour for a wide-ranging interview, including his reaction to President Donald Trump’s threat to impose 50% tariffs.
European trade ministers were hopeful for a negotiated trade deal after Trump announced 30% tariffs on the European Union.