Trump says Indonesia to pay 19% tariffs, buy 50 Boeing jets under trade deal
by Guardian staff and agencies from US news | The Guardian on (#6YP08)
Rate is significantly below the 32% the US president had threatened but timeline for implementation of deal remains unclear
US President Donald Trump says he has struck a trade pact with Indonesia resulting in significant purchase commitments from the south-east Asian country, after negotiations to avoid steeper tariffs.
Indonesian goods entering the United States would face a 19% tariff, Trump said in a post on his Truth Social platform. This is significantly below the 32% level the president earlier threatened.
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