Indonesia, Donald Trump and Deal
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Trump's influential trade adviser Peter Navarro dubbed Vietnam "essentially a colony of communist China. "Vietnam sells us $15 for every $1 that we sell them and about $5 of that is just Chinese product that comes into Vietnam,
President Donald Trump said Tuesday the United States has reached a trade agreement with Indonesia after speaking with the country’s President Prabowo Subianto.
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.
The Trump administration on Tuesday celebrated a new trade deal with Indonesia, which is one of the world's largest producers of copper. He's threatened a 50% tariff on copper imports starting next month. For cannabis business owner Steven Brown, who founded Nothing But Hemp, he's already seen his costs rise.