10 Articles
10 Articles
Indonesia clinches US trade deal, says Trump was a 'tough negotiator'
JAKARTA — Indonesia's president said U.S. counterpart Donald Trump was a "tough negotiator" after the two countries reached a trade deal that led to a reduction of proposed tariff rates to 19 percent from 32 percent. The deal is among only a handful reached so far by the Trump administration ahead of an August 1 deadline for negotiations, but no details were immediately provided by Indonesia, Southeast Asia's largest economy and a member of the …
Trump says Indonesia to pay 19% tariffs, buy 50 Boeing jets under trade deal
Rate is significantly below the 32% the US president had threatened but timeline for implementation of deal remains unclearUS President Donald Trump says he has struck a trade pact with Indonesia resulting in significant purchase commitments from the south-east Asian country, after negotiations to avoid steeper tariffs.Indonesian goods entering the United States would face a 19% tariff, Trump said in a post on his Truth Social platform. This is …
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