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Indonesia Sees ‘Bold’ US Trade Deal, Offers Major Tariff Cuts

GenevaTimes by GenevaTimes
July 4, 2025
in Business
Reading Time: 1 min read
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Indonesia commits to a near-zero tariff for over 1,700 commodities or close to 70% of US imports, Coordinating Minister for Economic Affairs Airlangga Hartarto said in a statement sent to Bloomberg News on Friday. These cover key sectors requested by the US, including electronics, machinery, chemicals, healthcare, steel, agriculture and automotive.

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