Indonesia and the U.S. have sealed a sweeping trade agreement that slashes tariffs, lifts digital restrictions, and removes key export barriers, marking a major win for American exporters and automakers.
Indonesia will eliminate tariffs on more than 99% of its trade with the United States and scrap all non-tariff barriers for American goods, according to a senior Trump administration official.
The deal, announced on 15 July and detailed Tuesday, also reduces planned U.S. tariffs on Indonesian products from 32% to 19%.
As part of the agreement, Indonesia will abandon its plans to impose tariffs on internet data flows and support the extension of a global moratorium on e-commerce duties under the World Trade Organization.
Additionally, the country will revoke recent pre-shipment inspection rules that disrupted U.S. agricultural exports and contributed to a rising U.S. farm trade deficit.
The deal is seen as a significant boost for U.S. automakers, with Indonesia agreeing to recognize U.S. Federal Motor Vehicle Safety Standards for vehicles exported to its market of 280 million people.
It also includes the removal of export restrictions on critical minerals and local content rules affecting goods shipped to the U.S.
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The Academy Awards nominations have been announced, with the crime drama Sinners leading the race securing a record 16 nominations ahead of the ceremony set for 15 March. The event, which honours the film industry’s top achievements over the past year, will be hosted by comedian Conan O'Brien.
A widening conflict involving Iran, the United States and Israel has triggered escalating military strikes across the Middle East, disrupted shipping through the strategic Strait of Hormuz and raised concerns over global energy supplies. This live report tracks the latest developments.
Two Indian-flagged tankers, Shivalik and Nanda Devi, carrying 92,700 metric tons of liquefied petroleum gas (LPG), are en route to India despite disruptions in the Strait of Hormuz caused by the ongoing U.S.-Israeli conflict with Iran, the Indian Foreign Ministry said on Saturday (14 March).
A long-running investigation has suggested that the street artist known as Banksy may be legally named David Jones. A report indicates that Jones was previously known as Robin Gunningham, a name long associated with Banksy, before legally changing his name several years ago.
Israel and Iran continued to exchange strikes on Friday (13 March), as the U.S. and French militaries reported deaths in Iraq, and the U.N. launched a $325 million appeal to help Lebanon, where a seventh of the population have left their homes since fighting began.
Israeli Prime Minister Benjamin Netanyahu issued veiled threats to Iran’s new Supreme Leader, Mojtaba Khamenei, and Hezbollah on Thursday (12 March), during his first press conference since the conflict with Iran began.
A long-running investigation has suggested that the street artist known as Banksy may be legally named David Jones. A report indicates that Jones was previously known as Robin Gunningham, a name long associated with Banksy, before legally changing his name several years ago.
A widening conflict involving Iran, the United States and Israel has triggered escalating military strikes across the Middle East, disrupted shipping through the strategic Strait of Hormuz and raised concerns over global energy supplies. This live report tracks the latest developments.
Ayman Ghazali, a 41-year-old U.S. citizen born in Lebanon, crashed his truck into the hallway of a Detroit-area synagogue on Thursday (12 March) while children attended preschool. Security personnel shot him dead during the confrontation, and authorities said no one else was seriously injured.
Kremlin spokesman Dmitry Peskov said on Saturday (14 March) that many countries are interested in purchasing Russian oil after the United States temporarily eased sanctions on certain exports.
An explosion lightly damaged a Jewish school in Amsterdam early on Saturday (14 March) in what the city’s mayor described as “a deliberate attack against the Jewish community.”
Ukrainian drones struck an oil refinery and a key port in Russia’s southern Krasnodar region overnight (13-14 March), local authorities said, causing injuries and damage. In separate action, Russian air attacks on Ukrainian territory killed and wounded civilians near Kyiv, officials reported.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 13rd of March, covering the latest developments you need to know.
North Korea fired what appeared to be a ballistic missile on Saturday (14 March), Japanese and South Korean officials said. The development comes amid the joint annual U.S.-South Korea "Freedom Shield" military drills and South Korean Prime Minister Kim Min-seok's visit to Washington.
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