Economy

Trump Announces Major Trade Deal: Indonesia to Purchase 50 Boeing Jets Amid New Tariffs

US-Indonesia Trade Agreement Highlights

In a significant move to bolster US-Indonesia trade relations, President Donald Trump revealed a comprehensive trade agreement. This deal includes Indonesia's commitment to invest heavily in US exports, marking a pivotal moment in bilateral trade.

Investment Details

As part of the agreement, Indonesia has pledged to purchase $15 billion in US energy exports and $4.5 billion in American agricultural products. Additionally, the country will acquire 50 Boeing jets, with a significant number being 777 models, as announced by Trump on Truth Social.

Tariff Conditions

Trump also emphasized the conditions under the new tariffs, stating, "If there is any Transshipment from a higher Tariff Country, then that Tariff will be added on to the Tariff that Indonesia is paying." This clause ensures the protection of US interests in the trade deal.