The agreement states that the U.S. will impose a 15 percent import tariff on cars, pharmaceuticals, and semiconductors from Europe. Some of the products subject to this tariff are essential for the European economy. Meanwhile, products from the U.S. entering the EU market will not be subject to tariffs.

Indonesia has agreed to eliminate tariffs on more than 99% of U.S. goods and scrap all non-tariff barriers facing American firms, while the U.S. will drop threatened tariffs on Indonesian products to 19% from 32%,

US President Donald Trump has settled on another tariff deal - this time with Indonesia. Both Trump and Indonesian President Prabowo Subianto said the tariffs faced by the southeast Asian country would be reduced from 32% to 19%. Trump said this was in exchange for "full access" for American firms.

JAKARTA -- The U.S. has unveiled details of its trade deal with Indonesia under which Jakarta has committed to slash nearly all tariffs on American imports and Washington will cut its threatened 32% "reciprocal" tariff on Indonesia to 19%, paving the way for a comprehensive expansion of market access across the two economies.

WASHINGTON — The clock is ticking closer to U.S. President Donald Trump's latest tariff deadline of Aug 1. And while several more deals — or at least frameworks for deals — have been reached since his last tariff deadline of July 9 came and went, trade talks with many countries are still in flux.

US President Donald Trump and EU chief Ursula von der Leyen confirm the deal after "tough negotiations" in Scotland.

The European Union and the United States announced a tariff deal on Sunday that will see most EU exports face a 15% tariff, nearly three months after Britain locked in a 10% baseline tariff rate. EU leaders have said their deal offers more certainty given the threat of higher U.

European Union leaders reacted to President Donald Trump’s 15% tariffs and $600B U.S. investment deal, warning of a new trade order.

The Conversation. 07/27/25 05:30 AM EDT