Trump announces trade deal with Indonesia, 19% tariff
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Indonesia sees securing a 19% tariff rate with the US as a “huge win” for some of the Southeast Asian nation’s most labor-intensive sectors such as garments and footwear, a government adviser said Wednesday.
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Free Malaysia Today on MSNVietnam, Indonesia edge in US tariff fight a concern, says ChowThe Penang chief minister calls for 'creative and effective negotiation strategies' to bring down the tariff rate on Malaysia by half.
Indonesia is leveraging a potential $10 billion oil and fuel import deal to pressure the U.S. into lowering steep tariffs on Indonesian goods.
TEMPO.CO, Jakarta - The European Union (EU) has proposed a new round of retaliatory tariffs on the United States, targeting key sectors such as aviation, motor vehicles, and agricultural goods, including Bourbon whiskey.