Indonesia is pressing for a “fair and square” trade deal with Washington, senior ministers said, as Jakarta hustles to head off a 32 % U.S. tariff by offering to boost American imports by up to $19 billion while safeguarding its own economic interests.
Indonesia is putting its domestic priorities first as it negotiates proposed U.S. tariffs, senior economic minister Airlangga Hartarto said Friday, underscoring Jakarta’s desire for a “fair and square” trade relationship with Washington.
Hartarto and Finance Minister Sri Mulyani Indrawati have been in the United States since last week discussing a 32 % duty that Washington has suspended for 90 days. Indonesia logged a $14.3 billion surplus with the U.S. last year.
Speaking at an online briefing, Hartarto said talks have covered energy supplies, wider U.S. market access for Indonesian products, deregulation, and cooperation on critical minerals, agriculture, health and renewables. The two sides also addressed Indonesia’s national payment and QR-code systems, which the U.S. says disadvantage firms such as Visa and Mastercard. Technical discussions are set for the next two weeks.
Jakarta has offered to raise U.S. imports by as much as $19 billion—switching to American wheat, soybeans, LPG and crude—and to ease some non-tariff barriers and taxes. Hartarto stressed that the plan would not come at other partners’ expense, pledging Indonesia would seek purchases from nations that lose market share.
Indonesia hopes its decision to negotiate rather than retaliate will resonate with President Donald Trump, whom Sri Mulyani said tends to reward “first movers.” On the IMF–World Bank spring-meeting sidelines, she compared notes with other tariff-hit countries and said Washington has asked ASEAN members about a collective stance.
The delegation has also met U.S. officials and executives from semiconductor firms, Google, Amazon, Microsoft and Boeing. While Sri Mulyani warned that tariff risks could dent global and Indonesian growth, she still projects the economy will expand about 5 % this year, just shy of the government’s 5.2 % goal.
Kazakhstan will begin routing selected government expenditures worth more than 100 million tenge ($190,000) through its digital tenge platform, expand...
Donald Trump has said the U.S. will resume bombing Iran if Tehran doesn't "behave," at the sidelines of the G7 summit in France. Earlier, the U.S. ...
The UK has secured more than £1.3 billion in new international investment for battery storage, energy infrastructure and technology projects, with ma...
U.S. President Donald Trump has warned that a preliminary agreement with Iran remains fragile, saying Washington could resume military action if Tehra...
China has sanctioned Philippine Defence Secretary Gilberto Teodoro Jr. and his immediate family, banning them from entering mainland China, Hong Kong ...
The UK has secured more than £1.3 billion in new international investment for battery storage, energy infrastructure and technology projects, with major commitments from companies based in France and India.
U.S. President Donald Trump has warned that a preliminary agreement with Iran remains fragile, saying Washington could resume military action if Tehran fails to meet its commitments.
Documentary filmmaker Mikael Silkeberg has said that making a film exploring connections between Scandinavia and Azerbaijan helped him better understand his own mixed Nordic identity.
Pakistan will facilitate the return of 30 Iranian nationals as part of what officials described as a humanitarian effort carried out in coordination with international partners.
Donald Trump has said the U.S. will resume bombing Iran if Tehran doesn't "behave," at the sidelines of the G7 summit in France. Earlier, the U.S. President criticised Israel for its tactics against Hezbollah, saying it was unnecessary to bomb entire apartment buildings to tackle militants.
A strong 6.7-magnitude earthquake struck Indonesia's Sulawesi island early Tuesday, killing at least one person and injuring four, according to emergency authorities.
U.S. President Donald Trump said a preliminary agreement to end the war in the Gulf has been signed by the U.S. and Iran, though details have yet to be made public and both countries said a permanent truce is yet to be negotiated.
Australia's weather bureau warned on Tuesday that an El Niño weather pattern has formed in the tropical Pacific and could intensify in the second half of 2026, becoming one of the strongest events recorded in seven decades.
Ukraine has said it struck an oil refinery in Russia’s Moscow region, marking one of the deepest reported attacks into Russian territory in recent months.
The UK has secured more than £1.3 billion in new international investment for battery storage, energy infrastructure and technology projects, with major commitments from companies based in France and India.
U.S. President Donald Trump has warned that a preliminary agreement with Iran remains fragile, saying Washington could resume military action if Tehran fails to meet its commitments.
China has sanctioned Philippine Defence Secretary Gilberto Teodoro Jr. and his immediate family, banning them from entering mainland China, Hong Kong and Macao. Beijing says the move responds to repeated remarks by Teodoro that it claims have undermined China's sovereignty and bilateral relations.
The European Commission has announced €493 million in emergency support for the Ebola response, including funding for vaccines, treatment and health security measures.
A British Iranian man has been charged in connection with an arson attack on a memorial wall in north London, an area with a large Jewish population, police have said.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment