The United States and Indonesia have reached a major trade agreement that will eliminate tariffs on over 99% of US goods exported to Indonesia and remove most non-tariff barriers, significantly boosting American access to the Indonesian market. In exchange, Indonesia will face a 19% tariff on its exports to the US—lower than the previously threatened 32%—and will lift restrictions on critical mineral exports, benefiting US industries. The deal includes commitments from Indonesia to purchase billions of dollars in US agricultural products and Boeing jets. While the White House and President Trump tout the agreement as a huge win for American businesses, critics warn it may heavily favor US interests and set a precedent for future trade negotiations. The agreement is expected to have wide-ranging impacts on sectors from agriculture and technology to tourism and manufacturing.
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