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View all search resultsUS tariff talks concluded, deal awaits signing, says Airlangga
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Coordinating Economy Minister Airlangga Hartarto (right) shakes hand with US Trade Representative Jamieson Greer following a meeting at the USTR office in Washington, DC, on Dec. 23, 2025. (Courtesy of/Coordinating Economy Ministry office)
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oordinating Economy Minister Airlangga Hartarto says all negotiation points on a tariff deal with the United States have been agreed between the two sides, and all that is left is signing by the respective presidents, pending scheduling.
Following his keynote speech at the Indonesia Economic Summit in Jakarta on Tuesday, Airlangga told reporters that the negotiations on the US’ so-called reciprocal tariffs “are all complete”, adding that the legal drafting progress for the Agreement on Reciprocal Trade (ART) had reached 90 percent.
Airlangga said he could not reveal the contents of the agreement until the documents were signed by President Prabowo Subianto and US President Donald Trump, as the two countries were bound by a nondisclosure agreement when they clinched a preliminary handshake deal last July.
Indonesia was among the first countries to secure a framework tariff agreement with the US government, which lowered the import duty on Indonesian exports from a threatened 32 percent to 19 percent.
Asked whether the ART signing would happen this month, Airlangga replied: “We’re waiting for the schedule”.
While Jakarta and Washington outlined the framework of the agreement in July, the final conclusion has been pushed back multiple times.
The prospective deal, according to earlier statements, foresees a 19 percent duty on most Indonesian goods exported to the US even while tariffs are to be eliminated on 99 percent of US products entering Indonesia. Indonesia has also accepted several other concessions.
