US Edition
US and Indonesia reach tariff deal
BRUSSELS, JUL 16 – The EU-Indonesia deal aims to boost trade by cutting tariffs on 80% of Indonesian exports to the EU and could increase Indonesian exports by 50% within four years, officials said.
- President Donald Trump announced a trade agreement with Indonesia, requiring a 19% tariff on all Indonesian goods exported to the U.S. while U.S. exports to Indonesia will be tariff and barrier-free.
- Trump claimed the deal includes Indonesia buying 50 Boeing jets and will help balance the U.S. trade deficit with Indonesia which was $17.9 billion last year.
- Trump's announcement about a deal with Indonesia closely resembles his recent claim of reaching a trade deal with Vietnam, which Vietnamese officials have not formally accepted parts of.
279 Articles
279 Articles
Trump Imposes 19% Tariff on Indonesian Imports Amid Push for New Trade Terms - teleSUR English
The United States will impose a 19% tariff on imports from Indonesia under a new trade agreement, President Donald Trump announced Tuesday, as part of a broader effort to reshape trade relationships and address the U.S. trade deficit. RELATED: Trump’s Ambiguous Ukraine Policy: No U.S. Boots on the Ground Amid Escalating Arms Support President Donald Trump on Tuesday announced a trade agreement with Indonesia that includes a 19% flat tariff on In…
Financial markets received US President Donald Trump's tariff agreement with Indonesia on Wednesday with little fanfare, indicating that the rate of around 20 percent that was once considered punitive is now considered viable.Shares and other assets had mixed results in Asia following Trump's announcement of a 19 percent tariff for Indonesian products.The country's shares in South-East Asia rose in the face of optimism that the new tax would be …
Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation
Trump announced the pact with Indonesia, a relatively minor U.S. trading partner, as he continued to press for what he views as better terms with trading partners and ways to shrink a huge U.S. trade deficit.
Trump announces historic trade deal with Indonesia
US President Donald Trump on Tuesday announced a 'historic' trade agreement with Indonesia, personally negotiated with President Prabowo Subianto, that significantly alters trade terms between the two nations.
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