The Trump administration is considering offers from over a dozen countries for tariff deals, with some agreements close to being reached, according to White House economic adviser Kevin Hassett. USTR has received explicit offers from around 15 countries, and discussions on prioritizing negotiations will take place at the White House. While the US has paused most worldwide tariffs for 90 days, tensions with China persist as negotiations continue with countries like Vietnam, Japan, and South Korea to address trade imbalances.
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Indonesia to increase US imports and lower other orders
Indonesia plans to increase imports of US food and commodities while reducing orders from other countries, as stated by Chief Economic Minister Airlangga Hartarto during his visit to Washington. The country aims to boost imports from the US by up to $19 billion, including $10 billion in energy, to eliminate its trade surplus and avoid a potential 32% tariff on exports. Discussions with US officials are ongoing, with both nations agreeing to finalize negotiations within...
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