Trump says Indonesia trade deal features 19% tariff
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Free Malaysia Today on MSNTrump sets 19% tariff on Indonesian goods in latest deal, EU readies retaliationThe US leader pushes for more favourable terms, negotiating additional deals while working to shrink the large trade deficit.
Indonesia aims to diversify the export market by strengthening exports to the European Union as an alternative to U.S.
Facing growing chaos, the European Union and numerous other countries are seeking to forge a global trading nexus that is less vulnerable to American tariffs.
JAKARTA: With trade tensions between the United States and its partners on the rise, President Prabowo Subianto arrived in Brussels over the weekend in a bid to finalise Indonesia's most ambitious trade pact yet,
Coordinating Minister of Economic Affairs Airlangga Hartarto noted that IEU-CEPA has been under discussion for 10 years.