
Trump hails agreement as win, Jakarta calls it a tough compromise
Indonesia has finalized a high-stakes trade agreement with the United States, accepting a 19% tariff on its goods in exchange for continued market access and investment commitments.
While U.S. officials, including former President Donald Trump, have praised the deal as a strategic success, Indonesian leaders described the negotiations as an extraordinary struggle, emphasizing the economic necessity of securing terms amid rising protectionism.
While U.S. officials, including former President Donald Trump, have praised the deal as a strategic success, Indonesian leaders described the negotiations as an extraordinary struggle, emphasizing the economic necessity of securing terms amid rising protectionism.