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View all search resultsIsraeli Prime Minister Benjamin Netanyahu and US President Donald Trump appeared on Friday to abandon Gaza ceasefire negotiations with Hamas, both saying it had become clear that the Palestinian militants did not want a deal.
Indonesia also agreed to remove local content requirements for US firms, recognize US standards for vehicle and medical products, drop onerous licensing on US farm goods while recognizing US regulatory oversight and lift labeling and pre-shipment inspection mandates.
The Centre for Strategic and International Studies (CSIS) Indonesia believes United States President Donald Trump is likely to ultimately impose a uniform tariff rate on Indonesia and other countries in the region.
The government currently sees no need to send another delegation to the United States for the negotiations on tariffs as it believes it has made its case for open bilateral trade and says the ball is now in the US’ court.
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