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Indonesia hails 'new era' with pact
Cape Times
|July 17, 2025
INDONESIA'S leader yesterday hailed a “new era” of trade relations with the US, after Donald Trump said he slashed the tariff rate faced by Southeast Asia’s biggest economy from 32% to 19%.
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The Trump administration has been under pressure to wrap up trade pacts after promising a flurry of deals recently, as countries sought talks with Washington to avoid the US president's threatened tariffs announced in April but delayed until August.
“I had a very good call with President Donald Trump. Together, we agreed and concluded to take trade relations between Indonesia and the US into a new era of mutual benefit,” President Prabowo Subianto wrote in an Instagram post.
Prabowo, a populist former general, posted pictures of himself laughing on the phone with Trump but did not give any specifics of the deal.
Cette histoire est tirée de l'édition July 17, 2025 de Cape Times.
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