US EditionPublished • loading... • Updated
Indonesian leader signs trade deal with Trump while in Washington for the Board of Peace
The deal sets a 19% tariff on Indonesian goods and follows $38.4 billion in U.S.-Indonesia commercial agreements this week, officials said.
- On Thursday, Indonesian President Prabowo Subianto signed a reciprocal trade agreement with U.S. President Donald Trump at the inaugural Trump-led Board of Peace meeting in Washington; the White House called it a `great deal`.
- Negotiators built on a summer framework that Indonesia would eliminate tariffs on most U.S. goods, while the U.S. would set tariffs at 19%, after recent intensive talks ending in early February.
- Commercially, Indonesian and U.S. companies struck 11 deals this week worth $38.4 billion, including purchases of 1 million tons soybeans, 1.6 million tons corn, 93,000 tons cotton, and up to 5 million tons wheat by 2030 plus critical-minerals cooperation.
- That day, leaders of Cambodia and Vietnam traveled to Washington, with Cambodia signing a trade deal and Vietnam reaching a framework agreement, while Prabowo reiterated Indonesia's pledge to send `more if necessary` 8,000 troops for Gaza.
- Strategically, the pact aims to secure Indonesia's agreement to lift restrictions on critical minerals, framing Indonesia as a `bridge` and `honest broker` between powers, with optimism for `real peace` under Trump.
Insights by Ground AI
19 Articles
19 Articles
Indonesian President Prabowo Subianto and United States President Donald Trump signed a historic trade agreement.
The United States and Indonesia have announced a final agreement to reduce import tariffs on Indonesian goods to 19% from 32%, a significant move in Southeast Asian trade.
Coverage Details
Total News Sources19
Leaning Left3Leaning Right5Center8Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 19%
C 50%
R 31%
Factuality
To view factuality data please Upgrade to Premium
