JAKARTA: Indonesia says it has reached a trade deal with the United States after an “extraordinary struggle” in negotiations which resulted in a reduction of proposed US tariff rates on the South-East Asian country’s exports to 19% from 32%.
US President Donald Trump said on Tuesday a deal had been struck after he spoke to Indonesian President Prabowo Subianto.
The deal is among only a handful reached so far by the Trump administration ahead of an Aug 1 deadline for negotiations.
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