Indonesia, other countries lined up at Trump’s tariff negotiation table
Fox Business Host Charles Payne discusses how investors are responding to President Donald Trump’s tariffs on “Kudlow.”
Indonesia and other countries line up at negotiation tables on Tuesday, hoping to highlight the Trump administration and cleaning Mutual Tariffs It was announced last week to them.
It developed when European Commission President Ursula von der Leyen spoke with a senior Chinese official and said he “emphasized the negotiated resolutions on the current situation and the need to avoid further escalation.” President Donald Trump warned yesterday that he would impose Additional 50% tariff in China If it did not withdraw the recent 34% retaliation tariff, it was announced against the US
“What’s happening now is the world is in turmoil as the world’s strongest economies are implementing policies to increase tariffs in many countries,” Indonesian President Prabobo Subaiante said in Jakarta on Tuesday after his country was hit by 32% tariffs from the US.
Indonesia’s chief economic minister Airlangga Hartarto added that the country’s government had no retaliation measures against the United States and reached out to launch negotiations on mutual tariff policies.
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President Donald Trump presents a signed executive order that imposes tariffs on imports during a “American wealthy” trade announcement event at Rose Garden held at the White House on April 2. (Andrew Harnik / Getty Images / Getty Images)
“What America wants is to balance the trade balance,” cited the AP as saying. “We’ll increase the number of American products.”
Malaysian Prime Minister Anwar Ibrahim spoke at the Southeast Asian Countries Investment Conference in Kuala Lumpur on Tuesday, and announced that his government and others in Southeast Asia would send delegations to Washington to discuss tariffs, the Associated Press reported.
“We don’t believe in megaphone diplomacy,” Anwar reportedly. “As part of a soft diplomacy of a quiet engagement, we will be dispatched with colleagues from ASEAN in Washington to begin the dialogue process.”
China refuses to return to tariffs after Trump threatens stricter measures
President Donald Trump holds a “mutual tariff” chart while speaking at the White House on April 2nd. (Chip Somodevilla / Getty Images / Getty Images)
The media also reported that the Japanese prime minister is considering traveling to Washington for a direct meeting with Trump over tariffs, hoping that India’s foreign minister will reach an early conclusion of talks with Secretary of State Marco Rubio on bilateral trade agreements.
Trump said On Monday, he spoke to Japanese Prime Minister Isba on the phone, in a post about the true society that he “sponsored a top team for negotiations.”
European Commission President Von der Leyen also called a call with the Chinese prime minister “to discuss the state of relations between the EU and China,” as 2025 marks the 50th anniversary of diplomatic relations.
Japan’s Prime Minister Isbaiba will speak at a press conference held in Tokyo, Japan on Tuesday, April 1st. (Nicolas Artinge/Sipa/Bloomberg via GetMages/Gettty Images)
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“The President emphasized the important importance of global economic stability and predictability,” he said, adding that “the President called for a resolution negotiated with the current situation and the need to avoid further escalation.”