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.

Related Stories
Shaun Haney, host of RealAg Radio, outlines potential risks for agriculture as negotiations continue between the two countries
Consumer spending continues, but value-focused buying is on the rise.
Farm legal expert Roger McEowen highlights the legal challenges surrounding stray voltage, a recent court decision, and what it means for agricultural producers.
Consistent sorghum quality supports strong export demand potential.
Corn and sorghum exports remain strong; soybean demand lags.
Higher energy activity likely keeps fuel and fertilizer costs elevated.

LATEST STORIES BY THIS AUTHOR:

Mr. Wilson has a great story to tell us!
Fluffy, golden, and full of Southern charm—these Cajun Buttermilk Biscuits from Mr. Justin Wilson are quick to make and impossible to resist!
This classic Cajun recipe for Red Bean Soup by Justin Wilson is simple to make and absolutely delicious. You’ll love it — we garontee!
‘Tamarack Biotics’ has secured initial FDA acceptance of using UV light for milk safety