Back 16 Jul 2025

Indonesia to face 19% tariff and buy 50 Boeing jets, Trump says ​  

Summary: President Trump announced a trade deal with Indonesia, reducing tariffs on Indonesian goods to 19% and eliminating duties on US imports. Indonesia agreed to purchase over $19 billion in US products, including 50 Boeing jets. The deal provides relief for Indonesia, its second-largest export market, but the 19% tariff rate is still a significant increase from the previous 5%.

Link: https://www.theedgesingapore.com/news/global-economy/indonesia-face-19-tariff-and-buy-50-boeing-jets-trump-says