Trade Deal
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X @Bloomberg
Bloomberg· 2025-07-17 07:04
South Korea’s foreign minister nominee said he believes it may be possible to reach a trade deal with the US before the 25% across-the-board tariffs proposed by President Donald Trump take effect in August https://t.co/CK8AXp4QCq ...
X @Bloomberg
Bloomberg· 2025-07-16 11:18
Indian officials are hoping to secure a trade deal with US President Donald Trump at a lower tariff rate than he’d agreed with Indonesia as New Delhi races to meet an Aug. 1 deadline. https://t.co/QNCgnmlU8q ...
X @Bloomberg
Bloomberg· 2025-07-16 08:40
"Our target is to reach a deal, and we are not far."French Finance Minister Eric Lombard tells @KritiGuptaNews Europe is "striving" to reach a trade deal with the US by August 1, warning of the impact of retaliatory tariffs if no deal is reached https://t.co/51SFfMr7wm https://t.co/4Oz8qYctfa ...
President Trump Touts US, Indonesia Trade Deal
Bloomberg Television· 2025-07-16 03:09
Trade Agreement Overview - A trade deal between the U S and Indonesia involves a 19% tariff on Indonesian exports to the U S [1] - The deal aims to open up Indonesia to trade with the United States [1] - The agreement was finalized after elevating talks to the presidential level [2][3] - Indonesia is preparing a joint statement and briefing to confirm the deal [7] Key Components of the Deal - Indonesia will purchase $5 billion in energy from the U S [4][9] - Indonesia will increase imports of wheat from the U S [4] - Garuda, the state airline, may purchase 50 to 75 new Boeing planes [4] Potential Impact and Challenges - The pledges could potentially wipe out Indonesia's $18 billion trade surplus with the U S as of 2024 [5] - The timeline and realism of these pledges are uncertain [5] - Garuda's current financial situation and existing Boeing orders raise questions about the feasibility of new purchases [6] Strategic Implications - Elevating talks to the presidential level was a key factor in reaching the agreement [8] - Eliminating the trade surplus was a major focus for the U S negotiators [8][9]
X @Bloomberg
Bloomberg· 2025-07-16 02:26
Indonesian assets will get a boost from a positive sentiment stemming from a trade deal reached with the US, according to analysts https://t.co/zzLDk7gKvO ...
X @Bloomberg
Bloomberg· 2025-07-16 01:54
The Indonesian trade deal announced by Trump provides some clarity for the nation’s economy, although the lack of details will likely keep its central bank cautious at its monetary policy meeting Wednesday https://t.co/r4oNKRYsjK ...
X @Cointelegraph
Cointelegraph· 2025-07-15 14:58
🇮🇩 JUST IN: President Trump announces new trade deal with Indonesia. https://t.co/DSMLy2sBgd ...
Stop Trading: Freeport-McMoran
CNBC Television· 2025-07-15 14:20
Let's get to Jim and stop trading. We saw we had that downgrade of Freeport. Uh Freeport owns 48% of a of a mine called Grasper, which is the largest mine, the copper mine, and is owned, the press is owned by Indonesia.And Reuters reporting is that we may have a trade deal with Indonesia. So, the last thing I want to do is self-report because that makes me feel so much better about Grassburg. That is always been the political risk there, right.Yeah. the Indonesia headline. This is just from the president.Uh ...
Mercedes and Porsche are struggling amid U.S. tariffs.
Yahoo Finance· 2025-07-14 16:30
Market Dynamics & Trade - BMW anticipates a potential trade deal in July, influencing their positive outlook compared to other automakers [1] - BMW's SUV production in America for global export mitigates tariff impact [1] - Mercedes experienced sales decline in the US despite having operations in Alabama [2] - Porsche's US sales rose due to pre-tariff inventory, a strategy unlikely to continue [3] - Porsche manufactures vehicles primarily in Germany and Slovenia, facing tariff challenges [3] Profitability & Cost Management - BMW is able to maintain profit margin expectations [1] - Mercedes and Porsche are struggling to maintain profitability due to tariffs [2] - Some companies are absorbing tariff costs to protect 2025 model pricing, impacting sales [3]
X @Bloomberg
Bloomberg· 2025-07-14 09:14
The euro holds steady against the dollar as investors bet the EU will clinch a trade deal with the US and avoid the steep 30% tariffs threatened by Donald Trump over the weekend https://t.co/JUe4dUuBIc ...