US President Donald Trump announced a trade deal with Indonesia, stating it was beneficial for both parties and negotiated directly with the Indonesian President. This comes after Trump threatened a 32% tariff starting August 1 on Indonesia and other countries, aiming to encourage negotiations to avoid higher tariffs, a strategy he has used successfully with several nations.
Explain It To Me Like I’m 5:
Trump’s Trade Deal with Indonesia
President Trump says he made a good trade deal with Indonesia to help both countries after he had threatened to charge them extra money for trading goods.
