Trump, Indonesia
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Bloomberg on MSN1h
Why Trump's Indonesia Tariff is a 'Huge Win' for Labor-Intensive SectorsHeriyanto Irawan, member of Indonesia's National Economic Council, says securing a 19% tariff rate with the US is a "huge win" for some of the nation's most labor-intensive sectors. Speaking on Bloomberg's Insight with Haslinda Amin,
European trade ministers were hopeful for a negotiated trade deal after Trump announced 30% tariffs on the European Union.
The government will execute gas and oil imports only if negotiations between Indonesia and U.S. results in lowered tariffs.
President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?
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.
Economists and investors urge Bank Indonesia (BI) to lower interest rates to boost the economy, citing new U.S. import tariffs.