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Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergThe Dutch Intersection Is ...

German Finance Minister Lars Klingbeil warns the EU to act firmly if tariff negotiations with the US fail. Amid escalating ...

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Donald Trump's remarks came after a breakthrough in the US-Indonesia trade deal, under which the 32% tariffs announced earlier were cut down to 19%.

The president expressed happiness with the “simple deals” already announced, which impose blanket levies on more than two dozen countries.