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What is the latest on Trump's trade deals?

Asked 15 hours ago

Answer

Trump has announced new tariffs on Indonesia and smaller nations, with ongoing negotiations and threats of high tariffs on EU and African goods. The EU and South Africa are preparing responses, and tariff-free deals appear unlikely.

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Reuters

Trump eyes more trade deals soon as EU readies retaliation

Reuters · Recent
Reuters
Reuters
Recent
  • Trump announces a new trade deal with Indonesia, imposing a 19% tariff on its goods. 26s
  • US goods will enter Indonesia duty-free under the agreement. 35s
  • Trump indicates more trade deals are in progress and letters will be sent to other countries about new tariffs. 58s
  • The EU is preparing to retaliate against US tariffs by targeting $84 billion in American imports. 1m 12s
  • European officials warn that a 30% US tariff could end normal trade between the US and EU. 1m 44s
International PoliticsEconomy

References

Trump eyes more trade deals soon as EU readies retaliation
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Reuters
15 hours ago
Trump eyes more trade deals soon as EU readies retaliation

Trump confirms a 19% tariff on Indonesian goods and says more trade deals are in the works, with notices to smaller nations about new tariffs.

Trump to slap 10% tariff on small nations in the Caribbean and Africa
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Africanews
16 hours ago
Trump to slap 10% tariff on small nations in the Caribbean and Africa

Trump plans over 10% tariffs on imports from smaller Caribbean and African nations, with Lesotho facing up to 50%.

Carney expects tariffs to be part of U.S. trade deal
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CBC News
1 day ago
Carney expects tariffs to be part of U.S. trade deal

Canadian Prime Minister Carney says a tariff-free deal with the U.S. is unlikely, as all recent Trump trade deals include tariffs.

Trump announces 19% tariff on imports from Indonesia
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CNBC
1 day ago
Trump announces 19% tariff on imports from Indonesia

Trump announces a trade deal with Indonesia: U.S. exports enter Indonesia tariff-free, while Indonesian imports face a 19% tariff.

For Europe, 30% U.S. tariff could cripple trade
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Reuters
2 days ago
For Europe, 30% U.S. tariff could cripple trade

EU ministers condemn Trump's threatened 30% tariff on European goods, warning of severe disruption and preparing for talks to avoid it.

South Africa's Ramaphosa hits back at new Trump tariffs
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Africanews
3 days ago
South Africa's Ramaphosa hits back at new Trump tariffs

South Africa could face 30% tariffs on exports to the U.S. from August 1, with President Ramaphosa criticizing the move.

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