Insight

Indonesia to Give VIP “Red Carpet” for U.S. Imports

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Algo Research Team


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Key Summary:


  • Trade tariff discussion Indonesia-US is expected to be finalized in 60 days
  • Indonesia is offering to import more US goods to reduce its trade surplus
  • Higher imports from US to include industrial goods and agricultural products

Following the global trade war escalation initiated by United States, Indonesia is currently in negotiations with the country to deescalate tensions and mitigate the impact on its economic growth.


Recently, the Indonesian Coordinating Minister of Economic Affairs (and other delegates) has disclosed the contents of preliminary talks, which are expected to be concluded in the next 60 days.


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