Trump announces new deal with Indonesia at reduced 19% tariff rate
Tuesday, 15 July 2025 Donald Trump announced a new trade agreement with Indonesia, significantly reducing tariffs on Indonesian exports to 19% and granting full market access to American goods. Indonesia has committed to purchasing billions in US energy, agricultural products, and Boeing jets.
The Trump administration has appealed to the U.S. Supreme Court to defend its authority to impose tariffs under the 1977 International Emergency Powers Act. This follows a federal court ruling 7-4..
Donald Trump lashed out at India after Prime Minister Modi met Xi Jinping and Vladimir Putin at the SCO Summit in Tianjin. Claiming India “offered to cut tariffs to nothing,” Trump dismissed the..
The India-US relationship has entered turbulent waters after US treasury secretary Scott Bessent warned that despite being “very complicated,” the two nations would eventually “come together.”..
India-US trade deal: American President Trump aims for US market access into India, similar to the Indonesia trade deal. However, India seeks even lower tariffs,... IndiaTimes
Announcing progress on the India part, Trump stated, "We're going to have access into India. And you have to understand, we had no access into any of these... DNA
Donald Trump's trade deals signal a new normal with base tariffs around 10-20%, impacting nations like Vietnam, Indonesia, Philippines, and Japan. An India-US... IndiaTimes
Tuesday, 15 July 2025
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