US President Donald Trump announces a new tariff deal with Indonesia, agreeing to lower tariffs in exchange for access to Indonesian markets. This agreement marks a potential shift in US-Indonesia trade relations.
In a surprising announcement, President Trump declared a 19% tariff on imports from Indonesia while American goods will face no tariffs. This trade deal follows discussions with Indonesian President Prabowo Subianto, raising questions about the implications for U.S. imports and inflation.