US-ASEAN Business Council says US and Indonesian companies signed trade and investment deals covering critical minerals, semiconductors, agriculture and forestry, while deals include a USD 4.89bln semiconductor joint venture involving Essence Global Group
This announcement signifies a strengthening of economic ties between the US and Indonesia, particularly in critical sectors like semiconductors and agriculture.
Iraqi Foreign Minister says any alternative to US-Iran deal would be disastrous, and they may not be able to export their oil if war breaks out in the region
US President Trump is scheduled to deliver remarks on the economy at 16:00EST/21:00GMT on Thursday.
US-ASEAN Business Council says US and Indonesian companies signed trade and investment deals covering critical minerals, semiconductors, agriculture and forestry, while deals include a USD 4.89bln semiconductor joint venture involving Essence Global Group
US President Trump posts that the US trade deficit has been reduced by 78% because of the tariffs being charged to other companies and countries, adds it will go into positive territory during this year for the first time in many decades
US Southern Command Commander Donovan met with Venezuela's interim President Rodriguez and defence officials in Caracas
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- Indonesian firms are to purchase 1mln tons of US soybeans, 1.6mln tons of corn, and 93,000 tons of cotton over an unspecified period.
The scale of these trade agreements may impact commodity prices, especially for U.S. agriculture exports, and suggests a strategic move to bolster cooperation in technology and resources, potentially reshaping regional trade dynamics.
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