U.S. President Donald Trump said he reached a deal with Indonesia that will see goods from the country face a 19% tariff, while U.S. exports will not be taxed.
¡°They are paying 19% and we are not paying anything,¡± Trump told reporters Tuesday at the White House. ¡°We are going to have full access to Indonesia.¡±
Trump has sent tariff letters over the last week to multiple trading partners, increasing pressure on negotiators ahead of an Aug. 1 deadline for higher duties to take effect. A pact with Indonesia, which was threatened with a 32% tariff, would be the first struck with a country targeted by one of those messages to reduce their rate.
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