Donald Trump announces a trade agreement with Indonesia

Digest opened free editor

Rola Khaleda, FT editor, chooses her favorite stories in this weekly newsletter.

Donald Trump said that the United States has reached a commercial deal with Indonesia that will lead to the advancement of the southern state and Asia in Southeast Asia, a 19 percent tariff for its exports to the United States and the purchase of US energy and Boeing aircraft.

The initial deal is the first to receive more than 20 commercial partners who received last week from Trump’s messages to inform them of the definitions they will pay on the goods that are exported to the United States.

The US President threatened to impose a 32 percent tax on Jakarta in a message last week, but he said on Tuesday that he believed the last ranking – according to which America would pay zero. Definitions On exports to Indonesia – it was a “good deal for both parties”.

Trump told the correspondents that he spoke to his Indonesian counterpart, Prabu Subanto, and that the deal with Jakarta would give the United States “full access to Indonesia, everything.”

In a post on social media after his statements, Trump wrote this Indonesia She committed to purchasing energy exports of $ 15 billion and $ 4.5 billion in agricultural commodities from the United States. He will also buy “50 Boeing aircraft, many of which are 777”.

Trump told reporters that were “very strong on copper”, which was the metal on which last week imposed a 50 percent tax, and was also in the possession of critical minerals “high -value.”

“We have some of those deals that will be announced,” Trump said on Tuesday, when he told the correspondents in agreement with Jakarta. He said that a deal with India was “working along the same line.”

The United States has also reached trade deals with the United Kingdom, Vietnam and China, although it only made a written agreement with London.

Trump’s Limited deal with Vietnam was announced on social media, and there are very few details available about what US and Chinese officials agreed to talks in London and Jenv earlier this year.

In a step that repeated the deal with Vietnam, Trump Jakarta warned that if any goods were redirected by Indonesia by countries that seek to avoid the high definitions that he will bear by charging directly to the United States-a process known as transient charging-then a tariff (higher) is added to the tariff that Indonesia pays. “

“Indonesia has some wonderful products, and it also has some valuable and different lands. One of the things that you know is known is high -quality copper, which we will use,” Trump said.