Trump says Indonesia to pay 19% tariffs, buy 50 Boeing jets under trade deal


Source: theguardian.com theguardian.com

Key Topics in this News Article:

News Snapshot:

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. “As part of the Agreement, Indonesia has committed to purchasing $15 Billion Dollars in US Energy, $4.5 Billion Dollars in American Agricultural Products, and 50 Boeing Jets, many of them 777’s,” Trump wrote. Boeing shares closed down 0.2% after...