Indonesia secures 19% tariff in landmark reciprocal trade agreement with United States

Indonesia and the US signed a trade deal today to lower export tariffs. The pact removes barriers for coffee and spices while easing US mineral investments.

Insights:
Indonesia IDID and the United States USUS have officially signed a reciprocal trade agreement that establishes a fixed 19% U.S. tariff on goods exported by the Southeast Asian nation. The agreement, which concludes months of negotiations, was finalized during high-level meetings in Washington involving Indonesian President Prabowo Subianto and U.S. President Donald Trump. This deal follows the signing of $38.4 billion in commercial deals earlier in the week, including significant participation from Indonesian and U.S. companies such as The Boeing Company .
A man walks past as a container is unloaded from a truck at Tanjung Priok Port in Jakarta, Indonesia, April 3, 2025. REUTERS/Ajeng Dinar Ulfiana
A man walks past as a container is unloaded from a truck at Tanjung Priok Port in Jakarta, Indonesia, April 3, 2025. REUTERS/Ajeng Dinar Ulfiana
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