The administration provided some insight into the terms that were agreed upon between Indonesia and the United States, hinting at how other vague and hastily negotiated deals may turn out.
Tag: Customs (Tariff)
Philippines’ Leader Meets With Trump to Clinch Trade Deal
President Trump announced that he had secured a deal with the country that will leave a 19 percent tariff in place, though no details were immediately available.
As Trump Courts a More Assertive Beijing, China Hawks Are Losing Out
The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls as the president angles for a Chinese trip later this year.
Musk Clears Final Hurdles for Tesla and Starlink in India
In the first tangible inroads Elon Musk has sought for years in India, Starlink passed a final regulatory hurdle and Tesla opened its first India store.
Trump’s Brazil Tariff Threats Rekindle Support for President Lula
Once called the planet’s most popular politician, President Luiz Inácio Lula da Silva of Brazil faced long odds in next year’s election. President Trump’s tariffs are changing that.
K-Beauty Fans Stock up on Cosmetics After Trump’s Tariff Threat
American consumers of Korean cosmetics and skin-care products are bulk buying, as President Trump threatens 25 percent tariffs on imports.
Trump Has Promised More Tariffs on Mexico. What Happens Next?
President Trump has threatened to increase Mexico’s tariff rate to 30 percent starting Aug. 1, claiming the country hasn’t sufficiently tackled drug cartels.
Carney Moves to Reduce Canada’s Chinese Steel Imports in Response to Trump’s Tariffs
Canada’s steel industry fears that Chinese steel facing steep tariffs in the United States will be sent north and overwhelm the Canadian market.
Trump Announces ‘Great Deal’ on Trade With Indonesia
President Trump said the agreement would partly walk back some of the steep tariffs he threatened on the country last week. Indonesia’s president called Mr. Trump a “tough negotiator.”
Would Europe Actually Retaliate Against Trump’s Tariffs?
European Union officials have drawn up plans to impose levies on American imports, but questions abound about whether they would go through with them.