U.S. Signs Landmark Trade Deal with Indonesia

$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.

For the first time, the United States will have full access to Indonesian markets, tariff-free. It comes after a trade agreement between officials there and President Donald Trump.

Pres. Trump says the landmark deal includes a promise from Indonesia to buy $15 billion in energy, $4.5 billion in U.S. ag exports, and 50 Boeing airliners.

In return, the United States will have full market access, but Indonesia will still be required to pay a 19% tariff on exports to the U.S.

LATEST STORIES BY THIS AUTHOR:

Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
Transportation challenges are mounting as droughts lower Mississippi River levels and push freight rates higher.
Waiting could risk leaving next year’s crop unprotected.
Michigan corn farmer and NCGA Vice President-Elect Matt Frostic will lead the task force. He joined us on Thursday to share his insights on the escalating corn crisis.
Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.