Trump announces 19% tariff on imports from Indonesia

Trade Agreements - US exports will have full access to the Indonesian market without tariffs [1] - Indonesian imports to the US will face a 19% tariff, reduced from a threatened 32% [1][2] - The 19% tariff will impact goods like palm oil, tires, rubber, electronics, and footwear [2] - An agreement with India, similar to the one with Indonesia, is suggested to be close, involving more market access for US exporters [3][4] - The US is in contact with the EU to potentially reach an agreement [4] Monetary Policy - Criticism of the Federal Reserve was repeated, stating inflation is very slight and the Fed should lower interest rates immediately [5] Geopolitics - If Russia doesn't agree to a ceasefire within 50 days, secondary tariffs and sanctions will take effect [6]