Indonesia will not retaliate against U.S. President Donald Trump's 32% trade tariff on Southeast Asia's largest economy, its senior economic minister said on Sunday in the government's first response to the levy.

India is negotiating a trade deal with the United States, which is likely to be announced before tariffs come into force next week. US President Donald Trump announced a 26% reciprocal tariffs on Indian imports.

President Trump has said many countries are coming to the Trump administration to try to negotiate a reduction in the new tariffs. Former senior State Department official and former CIA official Ned Price weighs in on the matter and explains why Trump’s history with “favors” gives him reason to worry further about these tariffs.

U.S. President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars from global markets.

President Trump's new tariffs haven't fallen equally across the world. Most countries face a 10% levy, but some territories will incur up to 50% tariffs. Here is a map of how hard import duties have hit around the world,

India is likely to meet its projected growth target of 6.3%-6.8% for the 2025/26 fiscal year (April-March) if oil prices remain below $70 per barrel, despite global disruptions due to new U.S. tariffs,