JAKARTA: Investment and Downstreaming Minister Rosan Roeslani confirmed that Indonesian copper will be subject to a zero-per cent import tariff in the United States, while negotiations continue to expand this exemption to other commodities, reported Antara news agency.
“For copper, we get a 0 per cent tariff,” Roeslani stated during the 2025 Indonesia-Japan Executive Dialogue here on Wednesday (Aug 6).
The minister stated that Indonesia is still negotiating with the United States Trade Representative (USTR) to reduce import tariffs for other commodities, such as nickel and palm oil, and he expressed optimism about achieving favourable results for Indonesia.
“We are negotiating (the tariff reduction) for other commodities. So far, we got (zero tariff) for copper, and other commodities such as nickel are likely to be approved, even if not at zero per cent, but at least lower than the current 19 per cent tariff,” he remarked.
According to Roeslani, Indonesia is also seeking a tariff-free status for other commodities that are not produced in the United States.
Earlier, Coordinating Minister for Economic Affairs Airlangga Hartarto stated that Indonesia is seeking tariff reductions on commodities including crude palm oil, rubber, shorea wood, and copper derivatives.
In the latest Indonesia-US trade agreement in July, the US administration agreed to reduce the tariff, which was initially set at 32 per cent by President Donald Trump last April, to 19 per cent.
In exchange, Indonesia has committed to purchasing US$15 billion in US energy products and US$4.5 billion in US agricultural products, according to the US president on July 16.
Indonesia also intends to purchase 50 Boeing jets, mostly Boeing 777 passenger jets, Trump stated. No details were provided regarding which Indonesian parties would purchase the Boeing jets. – Bernama-Antara