Trump, Indonesia and Tariff
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Indonesia will highlight its strategic importance in global trade, especially its natural resources, as it forges ahead with negotiations to try to reduce a 32% tariff imposed by the United States, a government official said on Wednesday.
President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?
The Coordinating Minister for Economic Affairs, Airlangga Hartarto, resumed the talks to expedite the IEU-CEPA finalization.
Indonesia and the United States have agreed to take concrete steps to advance negotiations on reciprocal tariffs, in a move to deepen bilateral trade relations and foster long-term economic cooperation.
The governments of Indonesia and the United States have agreed to continue bilateral talks on the 32-percent tariff imposed on Indonesian products for the
Airlangga is currently in Washington DC to meet US President Donald Trump's team over the looming 32 percent tariffs.
Indonesia's negotiations in Washington over impending U.S. tariffs were positive, with both nations discussing broader partnerships in critical minerals. Talks included tariffs, non-tariff barriers, and commercial collaborations.
Indonesia will send its main negotiator to the U.S. on Monday ahead of Washington's deadline for tariff agreements on July 9, with the two countries also due to sign a $34 billion deal involving higher imports of U.
Jakarta says that the measures will aid its tariff negotiations with the Trump administration, while advancing its broader economic goals.