Trump, Indonesia and tariff
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Trump, Russia and tariffs
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“When President Trump announced the introduction of tariffs in April, Kazakh officials were surprised to see their country on the list. Kazakhstan, a country rich in natural resources and bordering Russia and China, has only limited trade with the United States,” writes The New York Times.
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
RIO DE JANEIRO/SAO PAULO (Reuters) -Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50% tariff on Brazil last week, Roberto Perosa, president of Brazilian beef lobby ABIEC, said.
President Donald Trump cranked up the pressure Monday on America’s trading partners, firing off letters to heads of several countries, informing them of their new tariff rate. But at the same time, Trump took some of the edge off by signing an executive action Monday to extend the date for all “reciprocal” tariffs,
Most nations are still negotiating in hopes of avoiding punitive import taxes. At the same time, they’re looking for trading partners as a way around the United States.
Donald Trump is growing impatient with Russian President Vladimir Putin, publicly lamenting earlier this week the fact that Russia hasn't agreed to a peace deal with Ukraine.Trump also promised new tariffs if a peace deal doesn't come in 50 days.