Indonesia faces challenges meeting ambitious US farm import targets
Traders warn that Indonesia may fail to fulfill its pledge to increase US agricultural imports. Ambitious targets for soybeans and soymeal likely exceed demand.
Indonesia 
ID has finalized a trade agreement with the United States 
US that significantly lowers tariffs on Indonesian goods while requiring Jakarta to sharply increase its imports of American agricultural products. Under the terms of the deal, which was completed last week, U.S. tariffs on Indonesian exports will drop to 19 percent from a previous level of 32 percent. This policy-driven shift marks a major change in the trade relationship between the two nations, though market participants have raised concerns regarding the feasibility of the ambitious purchase commitments.
ID has finalized a trade agreement with the United States US that significantly lowers tariffs on Indonesian goods while requiring Jakarta to sharply increase its imports of American agricultural products. Under the terms of the deal, which was completed last week, U.S. tariffs on Indonesian exports will drop to 19 percent from a previous level of 32 percent. This policy-driven shift marks a major change in the trade relationship between the two nations, though market participants have raised concerns regarding the feasibility of the ambitious purchase commitments.
