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
“Top of mind across all of agriculture is to see a Farm Bill get across the finish line.”
“The upward trajectory in the dairy industry is strong.”
Dr. Jim Mintert of Purdue University spoke with RFD-TV’s Suzanne Alexander about contributing factors, producer opinions on trade policy, and the reading’s big takeaways.