The U.S. and Indonesia have reached a framework agreement on trade policies, including tariffs. Further negotiations will aim to finalize the U.S.-Indonesia Agreement on Reciprocal Trade, which proposes a 19% tariff on U.S. imports from Indonesia, while Indonesia will eliminate tariffs on 99% of U.S. imports, particularly in automotive and agriculture. The agreement also covers various provisions on industrial and agricultural trade, economic security, and environmental regulations. Indonesia is expected to purchase $4.5 billion in U.S. agricultural products, among other commitments.


Source: https://www.supplychaindive.com/news/trump-tariffs-us-indonesia-trade-deal-framework/753766/

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