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cuts tariffs to 19%

US cuts tariffs to 19% in major trade deal with Indonesia

July 16, 2025 by Attia Naveed

US President Donald Trump announced a major trade agreement with Indonesia, reducing proposed tariffs on Indonesian products from 32% to 19%. This deal aims to balance the US trade deficit with Indonesia, which is nearly $18 billion. According to Reuters, the agreement includes Indonesia increasing its purchases of American airplanes, energy products, and agricultural goods. […]

Filed Under: Business, World Tagged With: cuts tariffs to 19%, Indonesia, Indonesian products, Latest, major trade agreement, US president Donald Trump

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