Source: economist.com
Image content: The image is a map of southern Africa, with Zambia highlighted in yellow. The map features a cartoon-style illustration of the region, with various countries and geographical features depicted in different colors.
* **Map of Southern Africa**
* The map shows the countries of southern Africa, including Zambia, Zimbabwe, Mozambique, Malawi, Tanzania, Democratic Republic of the Congo, Angola, Namibia, Botswana, and South Africa.
* The countries are colored differently, with Zambia being highlighted in yellow.
* The map also shows the location of several rivers, including the Zambezi River, which forms the border between Zambia and Zimbabwe.
* **Zambia**
* Zambia is located in the center of the map and is highlighted
Summary
President Donald Trump's trade policies continue to impact global markets, with a preliminary trade deal announced with Indonesia, featuring a 19% tariff on Indonesian exports. The deal also includes Indonesia's purchase of $15 billion in US energy, $4.5 billion in American agricultural products, and 50 Boeing jets. Asia-Pacific markets reacted mixed to the news, while US stock markets also experienced a mixed performance amidst concerns about inflation and trade policies.
Key Points
- US-Indonesia trade deal announced with 19% tariff
- Asia-Pacific markets traded mixed following the deal
- Trump's trade policies continue to impact global markets unpredictably