US and Indonesia Reach Trade Agreement with Unequal Tariffs

Indonesia's President Prabowo Subianto confirmed a trade agreement with the United States, characterized by President Trump as a "great deal." Under the terms, U.S. exports to Indonesia will be tariff-free, while Indonesian goods will face a 19 percent tariff in the U.S. This agreement follows "tough negotiations," according to President Prabowo, who noted that while the deal is finalized, Indonesia had hoped for lower tariffs and will continue negotiations. The U.S. administration is actively pursuing trade deals, with threats of tariffs on other nations if agreements are not reached. Indonesia has also agreed to purchase Boeing aircraft as part of the deal, which includes access to Indonesian minerals and copper.