US-Indonesia Trade Deal LIVE: Trump Strikes Unequal Trade Deal With Indonesia | Palki Sharma | N18G
US-Indonesia Trade Deal LIVE: Trump Strikes Unequal Trade Deal With Indonesia | Palki Sharma | N18GDonald Trump has announced a trade deal with Indonesia, calling it a victory for America. Under the agreement, Indonesian goods face a 19% U.S. tariff — almost four times higher than last year — while American goods enter Indonesia tariff-free. Jakarta also agreed to buy US oil, agricultural products, and Boeing jets worth billions. Indonesia’s President Prabowo Subianto welcomed the deal as relief from Trump’s earlier threat of 32% tariffs, but analysts warn it still risks jobs and growth. The deal reflects Trump’s strategy: threaten high tariffs, then offer “concessions” that still favour the US at the partner’s expense.
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