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View all search resultsUS 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.
EU climate ministers struck a tentative deal on a 2040 climate change target in the early hours of Wednesday after watering down the goal in last-minute negotiations, a draft EU document showed, as they raced to clinch the deal before the UN COP30 summit in Brazil.
Defense Minister Sjafrie Sjamsoeddin has confirmed that Chinese J-10 fighter jets are set to soar across Indonesia's airspace, ending months of speculation. While this procurement follows Indonesia's recent acquisitions of Rafale jets from France and fighter aircraft from Turkey, the Beijing deal has drawn particular attention for its speed and opaque timing.
The deal on tariffs between Indonesia and the United States, as announced by President Donald Trump last week, has put Indonesia on the good side of Washington, shifting its position in the current big power rivalry away from China, at least momentarily.
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