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View all search resultsTrade
Opinion 2 months ago
PREMIUM
Analysis: Indonesia’s high-stakes trade bet with Washington nears its moment of truth
Uncertainty continues to surround Indonesia’s latest trade breakthrough as President Prabowo Subianto and United States President Donald Trump prepare to formalize the Agreement on Reciprocal Trade (ART) on Thursday, following their attendance at the first US-led Board of Peace meeting a day earlier. The framework unveiled in July 2025 sets a 19 percent tariff on Indonesian exports to the US market, a rate the Indonesian government portrays as a major diplomatic victory despite its magnitude. Yet it remains unclear whether the July framework represents the final terms to be signed or whether negotiations are still unfolding behind closed doors.
Editorial 2 months ago
PREMIUM
A deal that settles nothing
Though the Supreme Court's ruling against Trump's sweeping tariffs has left Jakarta with less clarity regarding the newly signed US-Indonesia ART, it has at least opened a door to the possibility of reworking the deal so its terms are fairer.
Economy 2 months ago
US Supreme Court rejects Trump's global tariffs
The US Supreme Court has struck down President Donald Trump’s sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major implications for the global economy.
Economy 2 months ago
US trade deficit swells in December as imports surge
The US trade deficit widened sharply in December amid a surge in imports, despite President Donald Trump's tariffs on foreign manufactured merchandise, but most of the imports were capital goods, which should support business investment and keep expectations for strong economic growth intact.
Economy 2 months ago
Indonesia, US firms sign over $7 billion in trade, investment deals
Indonesian and US companies on Wednesday signed trade and investment deals valued at more than US$7 billion a day ahead of Indonesian President Prabowo Subianto's meeting with US President Donald Trump to sign a final trade deal, the US-ASEAN Business Council said.
Europe 3 months ago
Kremlin says no statements from India on halting Russian oil purchases
US President Donald Trump announced a trade deal on Monday with India that slashes US tariffs on Indian goods to 18 percent from 50 percent in exchange for India halting Russian oil purchases and lowering trade barriers.
