Trump Announces ‘Great Deal’ on Trade With Indonesia
President Trump said the agreement would partly walk back some of the steep tariffs he threatened on the country last week. Indonesia’s president called Mr. Trump a “tough negotiator.” Read more
Estimates Imply That Tariffs Could Fall Heavily on Consumers
A White House trade adviser projected that tariffs would raise about $6 trillion over the next decade. But raising so much revenue for the government conflicts with the administration’s goal of reshoring manufacturing.
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