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Indonesia finalizes agreement with Trump administration to slash tariff rate to 19%

Jack Wu, DIGITIMES Asia, Taipei Friday 20 February 2026 0

Indonesian President Prabowo Subianto. Credit: Bloomberg

US President Donald Trump and Indonesian President Prabowo Subianto finalized a trade agreement on February 19, a deal that is expected to allow Indonesia to avoid the threatened 32% tariffs and instead face a 19% rate for most goods. In exchange, Jakarta...

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