Indonesia, Trump and tariff
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bne IntelliNews on MSNFitch upgrades Trump’s effective tariff rate to 19.4%President Donald Trump’s evolving trade policy is set to sharply increase the United States’ effective tariff rate (ETR), with Fitch Ratings warning of substantial rises as new duties take effect on August 1.
Indonesia will pay a 19% tariff on U.S. imports as part of a trade deal struck between it and the United States, according to President Donald Trump. Trump told reporters as he was departing the White House for Pittsburgh on Tuesday that U.
6hon MSN
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.
President Donald Trump told reporters Tuesday that he plans to place tariffs of more than 10 percent on smaller countries, including nations in Africa and the Caribbean.