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As inflation ticks up, Trump announces trade deal with Indonesia, 19% tariff
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.
ASEAN Briefing1d
New Indonesia–US Trade Deal Sets 19% Tariff Rate
Indonesia secures a 19 percent US tariff rate which is the lowest in ASEAN boosting export competitiveness while committing to enforcement.
Trump’s pivot from aid to trade leaves Africa wary as it faces tariffs and uncertainty
U.S. President Donald Trump’s new Africa strategy shifts from aid to trade under a “commercial diplomacy” push, urging ambassadors to broker business deals rather than manage aid programs.
Treasury secretary says countries without trade deals will see tariffs 'boomerang' to April rates by Aug. 1
Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.
Trump tariffs: EU delays retaliatory trade tariffs, seeks deal after 30% US rate - as it happened
EU trade ministers met in Brussels to discuss 30% tariffs announced by President Donald Trump over the weekend.
U.S. to apply increased pressure on trade deals, warns higher tariffs could roll out Aug. 1
The Trump administration is expected to send dozens of letters to countries that have not made a trade deal, warning them that higher tariffs could kick in next month.
EU says it could retaliate against US tariffs if no trade deal is reached
The EU paused planned countermeasures against the US after Trump delayed a tariff hike. But a new 30% rate has the bloc considering retaliation.
Investors eye Trump trade deals, tariffs, Amazon Prime day hit by rivals: Live Updates
The Dow, S&P 500 and Nasdaq remain volatile as trade deals and tariffs keep investors in limbo. Amazon’s Prime Day met with fierce competition as Walmart, Costco offer their own deals. Oil inches higher.
US Treasury's Bessent says good tariff deal with Japan still possible
A mutually beneficial U.S.-Japan tariff agreement is still possible, Treasury Secretary Scott Bessent said on Friday after meeting Japanese Prime Minister Shigeru Ishiba in Tokyo.
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