Indonesia, trade deal with US
Digest more
President Trump said the agreement would partly walk back some of the steep tariffs he threatened on the country last week. Indonesia’s president called Mr. Trump a “tough negotiator.”
The reciprocal tariff agreement between the US and Indonesia could lead to a trade imbalance and a deficit in the balance of payments.
Companies there are accused of dumping cheap goods on the market to undercut new US factories. Read more at straitstimes.com. Read more at straitstimes.com.
The United States is nearing a trade agreement with India, and discussions with the European Union are progressing, according to President Donald Trump in a recent interview with Real Americas Voice.