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Reuters

Trump eyes more trade deals soon as EU readies retaliation

Reuters · New
Reuters
Reuters
New

President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were in the works as he continued to press for what he views as better terms with trading partners.

Breakdown
  • 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