JAKARTA, Dec 23, 2025 (BSS/AFP) - Indonesia has finalised details of a tariff deal with the United States, a senior minister said, with the leaders of both countries' expected to sign it next month. Washington in July slashed the tariff faced by Southeast Asia's largest economy from 32 percent to 19 percent, but discussions over the details of the deal have been ongoing since then. Indonesia's chief economic minister Airlangga Hartarto said after a meeting with United States Trade Representative (USTR) Jamieson Greer in Washington that both countries had reached an agreement over the details of the deal. Under the framework deal announced in July, Indonesia has also committed to spending billions to increase energy, agriculture, and aircraft imports from the United States. Data from the USTR shows Washington's goods trade deficit with Indonesia was $17.9 billion in 2024, up 5.4 percent from the year before.

Source: Bangladesh Sangbad Sangstha December 23, 2025 10:39 UTC