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View all search resultsTrade Minister Budi Santoso says he is working to secure a bilateral trade agreement to exempt Indonesia from Mexico's planned tariffs. The move follows reports that Mexico intends to impose duties of up to 50 percent on imports from several Asian countries, including Indonesia, starting in 2026.
The two countries in July said Indonesia agreed to eliminate tariffs on more than 99 percent of US goods and scrap all non-tariff barriers facing American firms, while the US will drop threatened tariffs on Indonesian products to 19 percent from 32 percent.
The Trump administration has been stepping up efforts to convince Americans of the economy's strength as affordability concerns emerged as a key issue in this month's elections for New York City mayor, and the governors of New Jersey and Virginia.
in response to the "America First" policy, Indonesia should build domestic production chains for food, energy and critical technologies, regardless of peacetime efficiency, because they deny adversaries wartime choke points
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