US and Indonesia seal trade deal, averting steep tariffs

US and Indonesia seal trade deal, averting steep tariffs

Malay Mail Online - Money·2026-02-21 15:00

NEW YORK, Feb 20 — The United States and Indonesia finalised a trade deal that locks in tariff rates and non-tariff barriers to commerce, the White House announced Thursday.

Officials with the Indonesian government organised a news conference in a downtown Washington hotel to commemorate the signing of the reciprocal agreement, which was originally announced in July.

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