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.
President Biden and President Widodo of Indonesia have elevated U.S.-Indonesia ties to a Comprehensive Strategic Partnership, marking a historic new phase in bilateral relations. The leaders announced new initiatives to promote inclusive economic prosperity, combat the climate crisis, and deepen security cooperation. The programs include partnering on the global semiconductor value chain, increasing digital connectivity in rural Indonesia, investing in emerging enterprises, launching a U.S.-Indonesia tourism partnership, and harnessing U.S. private sector investments. They also focus on advancing regional stability through cybersecurity cooperation, maritime security, defense cooperation, and counterterrorism cooperation. Additionally, the leaders aim to invest in enduring people-to-people ties by supporting education, culture, health, and research collaborations.