Indonesia Says US Welcomes Its Trade Proposal as Tariff Clock Ticks
Jakarta. Senior minister Airlangga Hartarto revealed Thursday that the US had welcomed Indonesia’s proposal for a “fair and square trade” ahead of President Donald Trump’s 32-percent tariffs deadline in July 9.
In early April, Trump unveiled wide-ranging tariffs on Washington’s trading partners, starting with a 10-percent universal duty. The Trump government will raise the tariffs to 32 percent for Indonesia as Washington seeks to improve its trade imbalance with Southeast Asia’s largest economy.
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