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Indonesian Government says they will get 19% tariffs on most goods, with 0% on coffee, chocolate and rubber in the US trade deal

Newsquawk Staff ·

  • Deal also will not involve any third country when asked about China trans-shipment concerns.

What it means

The announcement of Indonesia's tariff structure in the US trade deal suggests a tactical approach to enhance trade relations, especially by zeroing out tariffs on specific goods like coffee, chocolate, and rubber. This is likely aimed at boosting exports in these sectors while avoiding potential complications with China, indicating a strategic isolation to prevent trans-shipment issues. Traders should note how these tariff decisions could influence commodity prices, particularly for the mentioned goods, and the broader implications for regional trade dynamics.

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