President Donald Trump said Tuesday the United States has reached a trade agreement with Indonesia after speaking with the country’s President Prabowo Subianto.

European trade ministers were hopeful for a negotiated trade deal after Trump announced 30% tariffs on the European Union.

Without a means of enforcing bilateral trade agreements, Trump could simply change the terms of any deal down the road. The answer is to kick the U.S. out of the World Trade Organization, argues professor Kristen Hopewell.

Ursula von der Leyen and Prabowo Subianto announced a "political agreement" to finalize a free trade deal amidst global trade disruptions. The agreement, under negotiation since 2016, aims to boost trade and investment between the EU and Indonesia.

Brazil's President Luiz Inácio Lula da Silva stepped up a confrontation with the US, accusing it of “unacceptable blackmail” over a proposed 50 per cent tariff on Brazilian g