Indonesian President Prabowo confirmed that the United States will impose a 19% tariff on Indonesian goods.
Indonesian President confirms that he has reached a tariff agreement with the United States. His direct negotiations with President Trump accelerated months of talks between officials from both countries. Indonesian President Joko Widodo told reporters on Wednesday that the United States will impose a 19% tariff on goods exported from Indonesia, confirming the statements made by the US President for the first time. This tax rate is significantly lower than the 32% rate that Trump had previously threatened to implement starting in August. It is also one of the lowest rates in the region, second only to Singapore's 10%.
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