American President Donald Trump unveiled a new list of tariffs that slap a 19 percent tariff on US-bound Indonesian goods -- the same as many of its ASEAN neighbors like Malaysia and Thailand.

Shrimpers are praising the Trump administration’s newly announced tariffs on imports from Indonesia and Vietnam as a long-overdue correction to what it calls “counter-productive trade policies.”

Japan will continue to ask the United States to swiftly implement a bilateral trade agreement, including the lowering of tariffs on automobiles and auto parts, the top government spokesman said Friday.

President Donald Trump announced a new trade deal with South Korea, which calls for 15% tariffs on goods from there.

Chinese and American trade negotiators concluded their two-day meeting in Stockholm without a resolution to avert tariffs from skyrocketing back to ultra-high levels that formed an effective blockade on trade between the world’s two largest economies.

President Donald Trump on Tuesday threatened to raise tariffs on Indian imports as high as 25% if the allied nations cannot complete a long-sought trade agreement.

Japan's leading trade negotiator said on Tuesday that the trade deal Tokyo agreed with the United States last week guarantees Japan will always receive the lowest tariff rate on chips and pharmaceuticals of all the pacts negotiated by Washington.

Since President Donald Trump began his second term in office, the European Union has steeled itself for what it sees as an existentially important battle.

The US and European Union (EU) agreed on a hard-fought deal that will see the bloc face 15% tariffs on most of its exports, including automobiles, staving off a trade war that could have delivered a hammer blow to the global economy.

Senior US and Chinese negotiators meet in Stockholm on Monday to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies, aiming to extend a truce keeping sharply higher tariffs at bay.