President Trump announced a revised tariff agreement with Indonesia, lowering the previously threatened tariffs on Indonesian imports to the US.
This deal seemingly grants American businesses extensive access to the Indonesian market, a significant win for US trade.
Although Indonesia hasn't officially confirmed the terms, the deal involves Indonesia committing to buying billions of dollars worth of American goods.
This agreement follows a pattern of Trump's trade negotiations, marked by a combination of aggressive tariffs and subsequent negotiated settlements.
