President Donald Trump unveiled a new trade agreement with Indonesia on Tuesday that imposes a 19% tariff on Indonesian exports to the United States, a reduction from an earlier threatened tariff rate of 32%. The deal aims to recalibrate trade relations between the two nations while boosting U.S. exports in key sectors. Indonesia was seenContinue reading “Trump Announces New Trade Deal with Indonesia Featuring 19% Tariff and Major U.S. Exports”
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Global markets plummet due to new tariffs imposed
Global financial markets experienced one of their sharpest declines since the pandemic crash of 2020 following the announcement of sweeping new tariffs by the U.S. government. On Monday, the Trump administration revealed that it would be imposing new tariffs across nearly all sectors of the economy, including technology, triggering widespread investor panic and a sell-offContinue reading “Global markets plummet due to new tariffs imposed”
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