US President Donald Trump revealed a new trade agreement with Indonesia on Tuesday, which includes a 19% tariff on Indonesian goods entering the United States, which is part of the wider pressure of administration to re -trade and reducing the US business deficit. The agreement also includes significant obligations from Indonesia for the purchase of American goods, according to Trump.
“Indonesia will pay the United States 19% tariff to all goods that export to us, while the US exports to Indonesia must be customs and without a rate without a rate,” Trump wrote about the truth of socialHe added that the US would gain full access to the Indonesian markets. He claimed to Truth Social that Indonesia agreed to buy $ 15 billion in US energy products, $ 4.5 billion in agricultural goods and 50 Boeing aircraft – although no time axis has been determined for these transactions.
A new trade approach before 1 August
Indonesia reflects a recent framework agreement with Vietnam and is part of Trump’s strategy to store higher tariffs if the country concludes bilateral trade agreements with the US. The administration set a period of 1 August, after which most American import tariffs will increase if the agreements are not reached.
Trump had previously warned Indonesia of 32% of the tariff unless an agreement was reached. Similar letters were sent to more than two dozen countries, including Canada, Japan and Brazil, which proposed tariffs ranging from 20% to 50%, including 50% of the copper fee.
Indonesia reacts
In Jakarta Susiwijono Moegarso, a higher official with the Indonesian Coordination Ministry for Economic Affairs, confirmed that both countries are preparing a common statement with details on the level of tariffs and related business measures. “We will soon inform (the public),” he told Reuters via a text message.
While Indonesia is not a TOP-15 US business partner, trade has been growing. In 2024, the total bilateral business reached just below $ 40 billion with the US. Operate a business trade deficit of nearly $ 18 billion. Indonesia’s best exports to the US are palm oil, shoes, electronics, rubber, tires and frozen shrimp.
As Trump’s deadline is built, global markets are closely monitored. So far, the White House has secured limited agreements with Great Britain, Vietnam, a partial tariff with China and now Indonesia-Lath’s main trading blocks such as the EU orthosis for the total trade war.
(Tagstotranslate) President Donald Trump
