Wed, 16 Jul 2025

Wed, 16 Jul 2025 Trump claims tariff deal with Indonesia

Trump says the US will lower its tariffs threatened on goods from Indonesia to 19% from a planned 32%.

* US President Donald Trump has agreed to lower tariffs on goods entering the US from Indonesia from 32% to 19%.
* In exchange, Indonesia will provide "full access" for American firms and purchase $15bn worth of US energy, $4.5bn in agricultural products, and 50 Boeing jets.
* The deal is seen as a result of a phone call between Trump and the President of Indonesia, after which Trump reduced the tariff rate from 32% to 19%.
* The trade relationship between the two countries has grown, with Indonesia sending about $28bn worth of goods to the US last year.
* Experts say the benefits of the deal to Indonesia are more political than economic, but that the country's decision to make concessions is likely a strategic move to maintain good relations with the US.
* The agreement follows Trump's previous tariff threats against several countries, including Canada, Mexico, and Japan, which have also received letters from the White House outlining plans for higher tariffs.
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