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US and Indonesia reach tariff deal
US President Donald Trump has settled on another tariff deal - this time with Indonesia. Both Trump and Indonesian President Prabowo Subianto said the tariffs faced by the southeast Asian country would be reduced from 32% to 19%. Trump said this was in exchange for "full access" for American firms.
Indonesia sees securing a 19% tariff rate with the US as a “huge win” for some of the Southeast Asian nation’s most ...
Indonesia's central bank cut rates on Wednesday for the fourth time since September and said a revised tariff deal with the ...
President Trump said the agreement would partly walk back some of the steep tariffs he threatened on the country last week.
U.S. Commerce Secretary Howard Lutnick said Tuesday on CNBC that there will be no tariffs on U.S. goods in Indonesia while Indonesia will pay tariffs in the United States.
Chinese steelmakers are bypassing tariffs in countries such as Indonesia and Turkey by exporting semi-finished products, a ...
Indonesia is leveraging a potential $10 billion oil and fuel import deal to pressure the U.S. into lowering steep tariffs on ...
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