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Fitch 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.
European trade ministers pledge unity after Trump’s surprise 30% tariffs
European trade ministers were hopeful for a negotiated trade deal after Trump announced 30% tariffs on the European Union.
Tempo.co English3d
Indonesia's Oil and Gas Imports Await Results of U.S. Tariff Talks, Minister Says
The government will execute gas and oil imports only if negotiations between Indonesia and U.S. results in lowered tariffs.
Brazil’s President Lula Responds to Trump’s Surprise Tariff Threat
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.
A look at the countries that received Trump’s tariff letters
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.
Tempo.co English4d
Economists Urge Bank Indonesia to Cut Interest Rates Following Trump's Tariffs
Economists and investors urge Bank Indonesia (BI) to lower interest rates to boost the economy, citing new U.S. import tariffs.
Prabowo Confirms US to Impose 19% Tariff on Indonesian Goods
Indonesia’s president said he struck a 19% tariff deal with US President Donald Trump, the first confirmation of the key agreement detail after months of talks between the countries.
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