U.S. and Indonesia seal broad reciprocal trade pact unlocking market access
TL;DR Summary
The Trump administration finalized a broad reciprocal trade agreement with Indonesia that eliminates tariffs on over 99% of U.S. exports, tackles non-tariff barriers on standards, labeling, and IP, advances digital trade and supply-chain resilience, and includes forced-labor reforms; it also foresees roughly $33 billion in U.S. investment and purchases in energy, aerospace (Boeing), and agriculture, plus a Freeport-McMoRan expansion, with domestic steps expected to bring the agreement into effect.
- Fact Sheet: Trump Administration Finalizes Trade Deal with Indonesia The White House (.gov)
- US and Indonesia sign deal to cut tariffs to 19% BBC
- Indonesia, US sign agreement on reciprocal trade, Indonesian ministry says Reuters
- Indonesian leader signs trade deal with Trump while in Washington for the Board of Peace AP News
- U.S. Exempts Indonesian Farm Goods From Tariffs In Deal The Wall Street Journal
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