President Trump announced his team struck a trade deal with Indonesia on Tuesday and said details would be forthcoming. …The announcement comes after Trump unveiled a new batch of letters to over 20 trade partners outlining tariffs on goods imported from their countries beginning in August. The letters set new baseline tariff levels at 20% to 40% — except for a 50% levy on goods from Brazil. …Trump has also escalated tariff tensions with Canada, Mexico, and the European Union recently. On Thursday, Trump announced a 35% tariff on Canadian goods and followed that up with promises of 30% duties on Mexico and the EU. The EU has been preparing options for a trade deal, while also preparing an extensive list of counter-tariffs that would affect 72 billion euros ($84 billion USD) of American products should talks fail. “There will be a huge impact on trade,” the EU’s chief negotiator said Monday.

Related in the Associated Press: EU ministers plan countermeasures to Trump’s 30% tariffs