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The U.S. and Indonesia agreed to the framework of a trade agreement which would see Jakarta scrap most of its tariffs on American imports, the White House revealed in a joint statement Tuesday afternoon. U.S. tariffs on Indonesian imports would be set at 19% under the deal, which is described in the release as an…
President Donald Trump on Tuesday said he reached a preliminary trade deal with Indonesia that will set a 19% tariff on the southeast Asian country’s U.S. exports. “We will pay no tariffs. So they are giving us access into Indonesia, which we never had,” Trump told reporters outside the White House. “That’s probably the biggest…