Indonesia, Trump
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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.
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.