Tag: Indonesia

Indonesia offers to cut duties on US goods, buy $500 million of wheat in tariff talks

Indonesia has offered to cut duties on key imports from the United States to “near zero” and to buy $500 million worth of U.S. wheat as part of its tariff talks with Washington, its lead negotiator and a wheat industry association said on Friday.

Indonesia says it will sign $34 billion pact with US partners ahead of tariff talks deadline

Indonesia will sign a pact worth $34 billion with business partners next week to boost purchases from the U.S., as part of efforts to strike a trade deal with Washington ahead of the July 9 deadline, Indonesia’s chief economic minister said on Thursday.