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U.S., Indonesia reach framework for trade agreement, tariffs drop to 19%
On July 22, the Trump administration announced that the U.S. and Indonesia agreed to a framework for negotiating an Agreement on Reciprocal Trade, which will open access to each other’s markets, with key terms including:
•The U.S. will reduce to 19% the reciprocal tariffs on goods originating from Indonesia.
•I....
•The U.S. will reduce to 19% the reciprocal tariffs on goods originating from Indonesia.
•I....
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