US EditionTrump says he’s reached a trade agreement with Indonesia but offers no details
UNITED STATES, JUL 15 – Indonesia agreed to a 19% tariff on exports to the U.S. while granting full market access to American products, including commitments to buy $15 billion in energy and 50 Boeing jets.
- On Tuesday, President Donald Trump announced that a trade deal has been established between the U.S. and Indonesia, though he did not provide any specific details about its scope or terms.
- Trump made this announcement after previously promising dozens of trade deals and following an earlier agreement with Vietnam announced this month.
- Trump posted on his social media platform that he dealt directly with Indonesia's highly respected President and described the deal as great and for everybody.
- He also mentioned that relocating manufacturing operations to the United States could help companies sidestep issues caused by trade policies, although experts emphasize that this transition is complex and expensive.
- This announcement represents the fourth trade deal President Trump has declared within the past three months, although key details about the agreement’s coverage and impact remain undisclosed.
215 Articles
215 Articles
Trump Says He Has Another Trade Deal
Last week, President Trump announced that a 32% tariff on imports from Indonesia would kick in on Aug. 1. On Tuesday, he announced that a deal had been reached for a lower tariff rate. "They are going to pay 19% and we are going to pay nothing," Trump said, per...
"Going To Have Access": Trump Amid India-US Trade Talks
US President Donald Trump on Tuesday said the United States is close to securing full trade access into India. He also announced a new trade deal with Indonesia, after which the latter will face a reduced tariff rate of 19 per cent.
President Trump Announces Latest Trade Deal * 100PercentFedUp.com * by Danielle
President Trump on Tuesday announced the United States reached a trade agreement with Indonesia. “This morning I finalized an important Deal with the Republic of Indonesia after speaking with their Highly Respected President Prabowo Subianto. This landmark Deal opens up Indonesia’s ENTIRE MARKET to the United States for the first time in History,” Trump announced. “Thank you to the People of Indonesia for your friendship and commitment to balanc…
Trump Lands Indonesia Trade Deal As E.U. Readies Retaliation - Real News Now
President Donald Trump announced on Tuesday that the United States has reached a trade agreement with Indonesia, marking another step in his effort to renegotiate international trade terms and slash the U.S. trade deficit. The deal was struck just days before Trump’s threatened 32% tariff on Indonesian goods was set to take effect on August 1. “Great deal, for everybody, just made with Indonesia. I dealt directly with their highly respected Pres…
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