Trump, Indonesia and tariff
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Agence France-Presse on MSNTrump says Indonesia to face 19% tariff under trade dealPresident Donald Trump said Tuesday that he had struck a trade pact with Indonesia resulting in significant purchase commitments from the Southeast Asian country, following negotiations to avoid steeper US tariffs.
Financial markets greeted US President Donald Trump’s tariff deal with Indonesia with little fanfare Wednesday, signaling the rate of around 20% that was once viewed as punitive is now seen as workable.