Indonesia reaches trade deal with US, will pay 19% tariffs and buy 50 Boeing jets
Rareș Mustață
Indonesian President Prabowo Subianto has hailed a "new era of mutual benefit", after his US counterpart Donald Trump announced Indonesian goods would face a 19% tariff instead of 32%. The months-long negotiations come at a cost. Indonesia has committed to purchasing US$15 billion in US energy, importing US$4.5 billion worth of agricultural products and buying 50 Boeing jets. Mr Trump also said Indonesia has agreed to give the US tariff-free access to its market. Meanwhile, economists warned
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