Trump's Trade Deal with Indonesia Sparks Market and Tariff Changes
TL;DR Summary
US President Donald Trump announced a tariff deal with Indonesia, reducing tariffs to 19% in exchange for full access for American firms, with Indonesia also agreeing to purchase US energy, agricultural products, and jets. The deal marks a new phase in US-Indonesia trade relations amid ongoing trade negotiations and tariff threats involving multiple countries.
- Trump claims tariff deal with Indonesia BBC
- Striking trade deal with US was an ‘extraordinary struggle,’ Indonesia says CNN
- Trump Tariffs Once Viewed as Punitive Now Win Market Approval Bloomberg
- Asia-Pacific markets mostly fall after U.S.-Indonesia trade deal CNBC
- Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation Reuters
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