The U.S. will impose a 19% tariff on imports from Indonesia under a new trade deal, while gaining full access to the Indonesian market for American goods.

President Trump’s announcement of new tariffs on over a dozen countries, including BRICS nations, triggers a sharp decline in U.S. stock markets, exposing the dangers of protectionist policies and escalating imperialist economic conflicts. Related: Trump Defends Bolsonaro Amid Criminal Proceedings in Brazil On July 7, 2025, U.S. stock markets tumbled following President Trump’s declaration of […]