Indonesia seeks a fair and equal trade relationship with the U.S. after the imposition of a 32% tariff, aiming for diplomacy and negotiations instead of retaliation. The country is considering increasing imports of U.S. goods and offering tax cuts in response to the tariffs.
Indonesia has expressed its desire for a fair and equal relationship with the United States, following the imposition of a 32% tariff rate by the Trump administration. President Prabowo Subianto, speaking during a rice harvesting event in West Java, stated that Indonesia would pursue diplomacy rather than retaliate, and would open negotiations with the U.S. to resolve the issue.
The tariffs, set to take effect on April 9, are part of a broader trade dispute that includes several Southeast Asian nations. In response, Indonesia plans to send a high-level delegation to the U.S., with ministers working on a proposal that includes increased imports of U.S. goods such as cotton, wheat, oil, and gas. The government is also considering tax cuts for U.S. products and reviewing local content rules for American tech firms.
Despite facing economic challenges, including a stock market slump and a weakened rupiah, Indonesia is aiming for a higher GDP growth target of 5.2% this year. The government hopes that its diplomatic approach will lead to a balanced and mutually beneficial trade relationship with the U.S.
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Swiss police have confirmed that all 40 victims of the New Year’s Eve fire at a bar in the mountain resort of Crans-Montana have now been identified, with more than half of those killed being teenagers.
Myanmar’s military junta has granted amnesty to more than 6,000 prisoners nationwide as the country marked its 78th Independence Day, local media reported on Sunday.
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Swiss police have confirmed that all 40 victims of the New Year’s Eve fire at a bar in the mountain resort of Crans-Montana have now been identified, with more than half of those killed being teenagers.
Myanmar’s military junta has granted amnesty to more than 6,000 prisoners nationwide as the country marked its 78th Independence Day, local media reported on Sunday.
Denmark’s Prime Minister Mette Frederiksen has urged U.S. President Donald Trump to abandon threats to take over Greenland, following comments he made in an interview with The Atlantic.
Spain and five Latin American countries – Brazil, Chile, Colombia, Mexico and Uruguay – have jointly condemned the U.S. military operation that resulted in the capture of Venezuelan President Nicolás Maduro.
Residents in Catia La Mar, near Caracas, say homes were damaged or destroyed during a U.S. military operation that captured Venezuelan President Nicolas Maduro, with authorities reporting an unspecified number of deaths.
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