US Edition
US, Indonesia Agree to Tariff Deal Framework
INDONESIA, JUL 21 – The trade deal sets a final 19% tariff on Indonesian imports, securing at least $50 billion in U.S. market access and increased purchases, officials said.
- The United States government confirmed a 19% tariff on Indonesian imports, under a framework described as an `Agreement on Reciprocal Trade`.
- With looming deadlines, President Donald Trump threatened high tariffs on foreign trade partners ahead of an Aug. 1 deadline.
- According to the framework, Indonesia will pledge purchases worth billions, including energy, farm goods and Boeing jets; it also accepted U.S. federal motor vehicle safety standards and backed a moratorium on data duties.
- U.S. Trade Representative Jamieson Greer said `unprecedented access to Indonesia's market and greater certainty for the digital services sector`, and he added `I thank Indonesian Minister Airlangga Hartarto for his dedication`.
- Looking ahead, the U.S. and Indonesia will negotiate and finalize the Agreement on Reciprocal Trade, and may identify commodities for further tariff reductions.
15 Articles
15 Articles
U.S. President Donald Trump announced Tuesday a trade agreement with Indonesia that includes a 19 percent tariff on Indonesian products since August, access to critical minerals and commitments for the purchase of U.S. aircraft and energy, as well as the removal of 99 percent of Indonesian tariff barriers. READ ALSO US.
US President Donald Trump announced Tuesday that the trade agreement for which he will charge 19% of tariffs to Indonesia from August will include access to the “critical minerals” of the Asian country, along with commitments for the purchase of US Boeing aircraft and energy. In his Social Truth network, the president indicated that the framework agreement provides for the opening of the Indonesian market “for US industrial, technological and ag…
Colorado Springs Gazette
Washington ExaminerTrump maintains 19% tariffs on Indonesia in new framework deal
President Donald Trump announced further details of the trade deal between the United States and Indonesia brokered this month on Tuesday, ahead of a self-imposed Aug. 1 deadline that was imposed on U.S. trade partners. “It is agreed that Indonesia…
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