US trade deal with Indonesia at risk of collapse, US official says

December 10, 2025 10:03 AM

US trade deal with Indonesia at risk of collapse, US official says

A U.S. trade agreement reached with Indonesia in July is at risk of collapsing because Jakarta has backtracked on several commitments it made as part of the deal, a U.S. official said on Tuesday. "They're reneging on what we agreed to in July," said the official, who spoke on condition of anonymity, giving no details about which specific commitments Indonesia was now questioning. Asked about the comments, an Indonesian government official said on Wednesday that tariff negotiations with the Uni...

EU says it still wants US trade deal, will defend interests

July 13, 2025 10:09 AM

EU says it still wants US trade deal, will defend interests

The European Union said on Saturday it was ready to retaliate to defend its interests if the United States pressed ahead with imposing a 30% tariff on European goods from August 1. U.S. President Donald Trump latest salvo surprised the bloc, the United States' largest trading partner, which had hoped to avoid an escalating trade war after intense negotiations and increasingly warm words from the White House. Ursula von der Leyen, head of the EU executive which handles trade policy for the 27 m...