Indonesia, Trump
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President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take effect Aug. 1, including levies on pharmaceutical imports and semiconductors.
President Trump is celebrating a new trade deal with Indonesia on Tuesday. It's one of the world's largest producers of copper. The president has threatened a 50% tariff on copper imports starting next month.
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bne IntelliNews on MSNFitch upgrades Trump’s effective tariff rate to 19.4%President Donald Trump’s evolving trade policy is set to sharply increase the United States’ effective tariff rate (ETR), with Fitch Ratings warning of substantial rises as new duties take effect on August 1.