Indonesia, Donald Trump and tariff
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Price increases on things like baby gear and home goods at Walmart reflect broader trends following President Donald Trump’s tariffs.
1hon MSN
Trump says a US-India trade deal is “very close” and could follow his Indonesia template, which includes full US access and significant Indian purchases. Meanwhile, Apple’s iPhone exports from India surged 53% in H1 2025 as it ramps up production to avoid US tariffs on China—all of this in today’s Two Sharp with ET with Nisha Poddar.
Indonesia will pay a 19% tariff on U.S. imports as part of a trade deal struck between it and the United States, according to President Donald Trump. Trump told reporters as he was departing the White House for Pittsburgh on Tuesday that U.
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.