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tz-plus logo Trump Announces Billion-Dollar Deal with Indonesia

R. Dietenberger
Reading Time: 2 minutes

US President Donald Trump announced a new trade agreement with Indonesia on Tuesday, further intensifying Washington's geopolitical trade agenda. At the heart of the deal is a 19% tariff on Indonesian exports to the USA – significantly less than the previously threatened 32%. In return, Indonesia completely waives tariffs on US products and commits to purchasing billions of dollars worth of American goods. 50 Boeing jets and billions for energy and agriculture The order for 50 Boeing aircraft, many of which are of the 777 model, stands out...

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