Trump Says He’s Open to Tariff Talks With EU
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Tariff threats against Mexico, EU are at 30 percent, while shoe firms appear to be working with suppliers to keep price increases at a minimum level.
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Trump announced the pact with Indonesia, a relatively minor U.S. trading partner, as he continued to press for what he views as better terms with trading partners and ways to shrink a huge U.S. trade deficit.
The move comes amid a separate push by President Trump to increase tariffs on dozens of U.S. trading partners, including Mexico, which was told over the weekend to expect 30% tariffs starting in August.