US Edition
Trump Secures Indonesia Trade Deal Setting Tariff at 19%
BRUSSELS, JUL 16 – The agreement aims to boost trade and investment by reducing tariffs, with 80% of Indonesian exports to the EU enjoying zero tariffs, advancing strategic ties and sustainable development.
- On Tuesday, President Donald Trump announced that the U.S. has secured a trade deal with Indonesia following his direct discussions with their President.
- This deal follows ongoing negotiations amid a planned 32% U.S. tariff on Indonesian goods that was postponed to finalize the agreement.
- Indonesia signaled it would buy billions of dollars in American oil and LPG if U.S. tariffs on its goods are lowered, and state firm Pertamina may import U.S. oil products.
- Trump mentioned that he communicated personally with Indonesia's highly regarded President and described the agreement as an excellent arrangement benefiting all parties involved.
- This announcement marks the fourth time in recent months that Trump has declared a new trade deal, yet he did not share any specifics, and his unpredictable trade strategies have caused uncertainty among many businesses.
305 Articles
305 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.
News24 | US cuts Indonesian tariffs from 32% to 19% after 'extraordinary struggle'
Indonesia said on Wednesday it had reached a trade deal with the United States after an “extraordinary struggle” in negotiations which resulted in a reduction of proposed US tariff rates on the Southeast Asian country’s exports to 19% from 32%.
Coverage Details
Bias Distribution
- 42% of the sources are Center
To view factuality data please Upgrade to Premium
