President Trump announced his team struck a trade deal with Indonesia on Tuesday that will see goods from the country face a 19% tariff. The announcement comes after Trump unveiled a new batch of letters to over 20 trade partners outlining tariffs on goods imported from their countries beginning in August.

The European Union would prefer to come up with a negotiated solution and avoid a painful and protracted trade war, but the talks could still fail.

The euro fell to a three-week low on Monday while the Mexican peso also came under pressure after President Donald Trump threatened to impose a 30% tariff on imports from two of the largest U.S. trad...

Stocks and bonds in the U.S. are up this year, seeming to shrug off historically large tariffs even as investors remain watchful for delayed impacts of President Donald Trump’s policy changes.