empty
 
 

05.07.202509:02:20UTC+00Indonesia Offers US Aircraft and Wheat Purchases in Tariff Talks

According to a report by Reuters, Indonesia is prepared to enhance its procurement of aircraft from state-owned Garuda Indonesia and wheat from Indofood, the prominent instant noodle company, as part of ongoing tariff negotiations with the United States. Airlangga Hartarto, the Chief Economics Minister and Indonesia's principal negotiator, stated that the government has suggested implementing near-zero tariffs on significant American exports, particularly agricultural products, which are currently subject to tariffs ranging from 0% to 5%. Conversely, Indonesia faces a 32% tariff on its goods in US markets. The Indonesian government has previously announced plans to enter a USD 34 billion agreement with US partners in the coming week, entailing increased purchases of American goods by Indonesia and additional investments by Indonesian firms in the United States. Susiwijono Moegiarso, a senior official within Indonesia's Coordinating Ministry for Economic Affairs, indicated that Indonesia has sought preferential tariff treatment from the US for its key exports, including electronics, textiles, and footwear.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback