US EditionIndonesia Nickel Miners Urge Government to Maintain Three-Year Mining Quota
INDONESIA, JUL 3 – The $34 billion pact aims to boost US imports of fuels and investments in energy and agriculture to avoid a 32% tariff on Indonesian exports, officials said.
- Facing a 32 percent US tariff threat, Indonesia offers to boost US oil, gas, and mineral imports to avoid harsher duties, as part of ongoing negotiations for a $34 billion MoU.
- US Trade Representative data shows Indonesia had a $17.9 billion goods surplus in 2024, with a 5.4% rise from the previous year.
- Indonesia and US private companies plan joint investments in EV batteries and critical minerals, focusing on brownfield expansion projects to strengthen trade ties ahead of the July 7 agreement deadline.
- Beyond Indonesia, many countries are scrambling to secure similar trade agreements, with the US-Vietnam pact struck just a week before tariffs highlight the global competition for strategic deals.
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Indonesia nickel miners urge government to maintain three-year mining quota
JAKARTA: Indonesia's nickel miners' association APNI on Friday (Jul 4) urged the government to ensure mining quotas continue to be valid for three years to maintain a consistent business climate, rather than reverting to a single year as planned. The mining minister on Wednesday said the government plans t
·Singapore
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Indonesia says it will sign US$34bil pact with US partners ahead of tariff talks deadline
JAKARTA: Indonesia will sign a pact worth US$34 billion with business partners next week to boost purchases from the United States, as part of efforts to strike a trade deal with Washington ahead of the July 9 deadline, Indonesia's chief economic minister said on Thursday (July 3).
·Malaysia
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Coverage Details
Total News Sources18
Leaning Left4Leaning Right3Center2Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 22%
R 33%
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