Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, July 7
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Commodities»Indonesia seeks further tariff cuts in ongoing talks with US
    Commodities

    Indonesia seeks further tariff cuts in ongoing talks with US

    August 7, 20252 Mins Read


    Jakarta (ANTARA) –

    Indonesia is continuing trade negotiations with the United States despite having secured a 19-percent import tariff on Indonesian products.

    “We want zero-percent tariffs on commodities that the US does not produce,” Trade Minister Budi Santoso said in Jakarta on Thursday.

    Talks will continue until September 1, he added, noting that there is still room for reciprocal tariff adjustments. The current 19-percent tariff was previously reduced from 32 percent.

    Santoso also noted that US President Donald Trump has allowed Indonesia the opportunity to negotiate further.

    Indonesia plans to use this window to request zero import tariffs on products not produced in the US, although Santoso did not specify which commodities.

    The 19-percent tariff officially took effect on Thursday, August 7. It is part of a broader deal agreed between President Prabowo Subianto and President Trump, under which US exports to Indonesia will be exempt from both tariff and non-tariff barriers.

    With the tariff now at 19 percent, Indonesia has one of the lowest US-bound export tariffs in Southeast Asia — though still higher than Singapore’s 10 percent.

    Earlier, Coordinating Minister for Economic Affairs Airlangga Hartarto said that copper concentrates and copper cathodes are among the products already granted zero tariffs, in line with strategic mineral trade talks between the two countries.

    Indonesia is also pushing for zero tariffs on other key exports, including crude palm oil, rubber, meranti (Shorea) wood, and copper derivative products.

    Related news: Indonesia’s copper export to US gets zero tariff

    Related news: Indonesia avoids layoffs with 19 percent tariff: Minister

    Translator: Maria Cicilia, Raka Adji
    Editor: Anton Santoso
    Copyright © ANTARA 2025



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleUK households issued brutal warning that ‘Britain’s mortgage cliff is here’
    Next Article ConocoPhillips Posts Lower Earnings as Oil Prices Fall — Commodities Roundup

    Related Posts

    Commodities

    US Dollar Surge Sends Gold, Silver And Bitcoin Prices Tumbling

    June 26, 2026
    Commodities

    Top three energy and commodities trading platforms for UK investors (2026) – London Business News

    June 22, 2026
    Commodities

    Commodities Are Undervalued, Underowned and the Upside Potential Could Be Enormous

    June 22, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    China’s growth goal will need big stimulus If trade war escalates

    March 8, 2025
    Utilities

    Seneca launches with $60M to equip firefighters, utilities, and communities with advanced wildfire defense technology – sUAS News

    October 22, 2025
    Bitcoin

    Bitcoin à moins de 100 000 $ maintenant possible car BTC clignote la mort de la mort

    June 30, 2025
    What's Hot

    Onramp Raises $12.5M Series A To Scale Multi-Institution Bitcoin Custody Platform

    May 14, 2026

    A finance podcaster plans to make her daughter a millionaire by 18 – here’s how | Money

    May 26, 2026

    How high can Bitcoin go in November?

    November 11, 2025
    Most Popular

    Les mineurs du Bitcoin en solo ont-ils uniquement de la chance ?

    April 6, 2025

    Warren Buffett is turning 94 next month. Should Berkshire investors start to worry?

    July 13, 2024

    DTI-Davao to Hold ‘Madayaw!’ Trade Fair in Manila

    November 26, 2025
    Editor's Picks

    Workday, Ross Stores, CAVA Group rise ; Intuit falls By Investing.com

    August 23, 2024

    U.S. Imposes Substantial New Sanctions on Russian Oil Giants — Commodities Roundup

    October 23, 2025

    Bank of England lowers Discount Window Facility price By Investing.com

    March 27, 2026
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.