Indonesia secures a 19 percent US tariff rate which is the lowest in ASEAN boosting export competitiveness while committing to enforcement.

Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.

JAKARTA: Indonesia is still negotiating the details of its recently-reached trade deal with the United States after the latter lowered tariff rates on the South-East Asian country, and is pursuing exemptions for its exports of palm oil and nickel,

Indonesia’s recent agreements with the Western superpower and the European bloc could set the path for other nations seeking similar arrangements. But experts warn against potential pitfalls and sacrificing domestic interests.

Five months after a Boeing Co. 737 Max aircraft operated by Lion Air crashed into the Java Sea in 2018, Indonesian flag carrier PT Garuda Indonesia tried to cancel its remaining order for the same model.

Ursula von der Leyen and Prabowo Subianto announced a "political agreement" to finalize a free trade deal amidst global trade disruptions. The agreement, under negotiation since 2016, aims to boost trade and investment between the EU and Indonesia.