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Indonesia, Trump and Tariff
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"Other trading partners observing these threats will have the same mistrust of the negotiation process," experts argue.
Brazil's President Luiz Inácio Lula da Silva stepped up a confrontation with the US, accusing it of “unacceptable blackmail” ...
US stocks close mixed after the FT says Trump wants an at least 15%-20% tariff on all EU goods. S&P 500 and Nasdaq come off Nasdaq record highs.
The U.S. is Europe and Britain’s largest export market. About 20% of EU exports go to the U.S. at a value of around $581 billion. Europe’s trade doesn’t immediately have anywhere else to go.
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