Despite the Trump administration’s expressions of confidence, the trade talks turned into a slog. Vehicles for export are parked at a port in Pyeongtaek, South Korea, Tuesday, July 8, 2025.

U.S. President Donald Trump announced Tuesday that the United States struck a new trade agreement with Indonesia, imposing a 19 percent tariff on the Southeast Asian country's goods.

Frustrated by the lack of progress, Trump on Monday sent letters to Japan, South Korea and 12 other countries, saying he’d hit them with tariffs Aug. 1 if they couldn’t reach an agreement.

This marks Trump’s fourth trade agreement announcement in three months. He had previously promised dozens of deals with US trading partners over that time frame, but that has proven tough to reach.

At the conclusion of his first 100 days in office in late April, President Donald Trump made a stunning statement about his progress on tariff negotiations: He had completed trade deals with 200 ...

To press for what Trump views as better terms with trading partners and ways to shrink a huge U.S. trade deficit, his administration has been negotiating trade deals ahead of an August 1 deadline ...

Trump said India is “working along the same line” with regard to securing a trade agreement. In April, Trump briefly imposed a 32% tariff on goods from the country before pausing so-called ...

This marks Trump’s fourth trade agreement announcement in three months. One of the four agreements he previously announced was with Vietnam earlier this month, similarly posting on Truth Social.

On Monday, Scott Bessent said the administration is putting the quality of trade agreements ahead of the calendar, even as an August 1 deadline approaches that could bring hefty tariffs if no ...

President Donald Trump's lightning round of global trade negotiations with dozens of countries has yielded two deals, with the U.K. and Vietnam, and a framework for a deal with China.

By Jasper Ward and Ismail Shakil WASHINGTON (Reuters) -The United States is very close to a trade deal with India, while an agreement could possibly be reached with Europe as well, but it is too ...