US President Donald Trump Unveils New Tariff Policy

In a significant development, US President Donald Trump declared on Tuesday that the United States will impose a 19% tariff on Indonesian goods, while American exports to Indonesia will face no tariffs. This announcement marks a pivotal shift in trade relations between the two countries.

Details of the Announcement

"They are going to pay 19% and we are going to pay nothing ... We will have full access into Indonesia, and we have a couple of those deals that are going to be announced," Trump revealed during a press briefing in front of the White House.

Background and Reactions

Prior to this announcement, Trump hinted at a potential agreement with Indonesia on his Truth Social platform, describing it as a "great" deal. This comes just a week after he threatened to impose even higher tariffs on the Southeast Asian nation, signaling a rapid evolution in trade negotiations.