Trump, Tariffs and countries
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Minister Prasetyo Hadi explained that the United States' import tariffs apply not only to Indonesia but also to other countries.
Without a means of enforcing bilateral trade agreements, Trump could simply change the terms of any deal down the road. The answer is to kick the U.S. out of the World Trade Organization, argues professor Kristen Hopewell.
President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?
President of the United States, Donald Trump, has offered Indonesia the opportunity to exempt from a 32 percent import tariff. What are the terms?
Jakarta. US President Donald Trump announced Monday local time that he was sticking to his plan of slapping 32 percent tariffs on Indonesian goods starting next month, unless the Southeast Asian nation invests in his country.
As the UE scrambles to avoid a full-blown trade war and countries like Indonesia rush to sign deals, President Donald Trump holds firm on his threat.
TEMPO.CO, Jakarta - President of the United States Donald Trump has offered to cancel the 32 percent import tariff for Indonesia. According to him, the U.S. is willing to reduce or even eliminate reciprocal tariffs if the government of President Prabowo Subianto meets several requirements.
Indonesia will highlight its strategic importance in global trade, especially its natural resources, as it forges ahead with negotiations to try to reduce a 32% tariff imposed by the United States, a government official said on Wednesday.
Both Jakarta and Hanoi seek to preserve strategic autonomy while navigating an increasingly polarized international environment. BRICS may offer a third path.