Trump says Indonesia trade deal features 19% tariff
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The Alliance for American Solar Manufacturing and Trade says Chinese-owned companies shifted production from nations that received US tariffs to Indonesia and Laos.
The uncertainties triggered by the US' tariff threats could cause some countries to rush into deals at the expense of domestic interests, experts told CNA.
The country has presented the deal as an honorable outcome, while further diversifying its economic and strategic partnerships with the rest of the world.
The 19 percent import tariff imposed by the US President Donald Trump administration on Indonesian goods is among the lowest for Asian countries, according to
The tariff would be collected from miners only when coal prices are high, with authorities potentially including it in the 2026 budget plan.
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