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US, Indonesia Seal Deal Post-Tariff Threat

Published 1 day ago2 minute read

U.S. President Donald Trump announced on Tuesday that he has reached a “great deal” with Indonesia, providing no specific details about the agreement.

This announcement comes just a week after he threatened to impose significantly higher tariffs on the Southeast Asian nation.

“Great deal for everybody, just made with Indonesia,” Trump posted on his Truth Social platform, indicating he negotiated directly with Indonesia’s president.

He promised that “DETAILS TO FOLLOW!!!”

Indonesia_ Tariffs Hit South African Exports

The Trump administration has been facing pressure to finalise trade agreements with various countries, having previously pledged numerous deals as nations sought to avoid his tariff threats.

So far, however, Washington has only unveiled specific agreements with Britain and Vietnam, alongside a temporary reduction in reciprocal tariffs with China.

Last week, President Trump reiterated his threat to impose a 32 per cent tariff on Indonesian goods, informing the country’s leadership in a letter that this new levy would take effect on August 1.

In April, Trump had initially implemented a 10 per cent tariff on nearly all U.S. trading partners and declared intentions to increase this rate for several economies, including the European Union and Indonesia.

He recently pushed back the deadline for these steeper duties from July 9 to August 1.

Abisoye Adedoyin Adeyiga holds a PhD in Languages and Media Studies from the University of KwaZulu-Natal, South Africa, and a Master’s in Education (English Language) from the University of Abuja, Nigeria. Passionate about the transformative power of new media, she is also trained in digital marketing and investigative journalism by BBC Media Action and Daily Trust. Abisoye enjoys reading, travelling, and engaging in meaningful conversations.

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