Tag: reciprocal trade framework

Indonesia will avoid the incoming 19 percent U.S. tariff hike on exports scheduled for August 1, as negotiations over the underlying bilateral trade agreement remain ongoing, said Coordinating Minister for Economic Affairs Airlangga Hartarto on Monday. Speaking on Monday, Airlangga ...

The United States and Indonesia on Tuesday unveiled a joint announcement on a reciprocal trade framework that, though never mentioning China by name, echoes its presence at every turn. While the U.S.-Indonesia trade deal slashes tariffs significantly, it introduces strict supply chain provisions, measures widely viewed ...