Inside Trade

May 23, 2025

State of the talks: USTR talks ‘reciprocal’ trade with Indonesia, Vietnam, others

By Jason Asenso  / April 25, 2025 at 4:44 PM
U.S. Trade Representative Jamieson Greer this week ramped up bilateral trade talks with Asian and Latin American trading partners, launching technical talks with several countries as they race to ink a deal before reciprocal tariffs return in July. President Trump earlier this month announced country-specific “reciprocal” tariffs and a 10 percent tariff rate for all imported goods, though he later paused the reciprocal duties for 90 days. Since then, USTR has engaged with dozens of countries seeking bilateral deals to...

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