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Indonesian tariff negotiator says US deal far from finalized

Indonesian tariff negotiator says US deal far from finalized

Nikkei Asia5 days ago
Former Indonesian trade minister Mari Pangestu talks to Nikkei Asia about what is going on behind-the-scenes of her nation's tariff negotiations with the U.S. (File photo by AP)
JOSEPH RACHMAN
JAKARTA -- Jakarta's tariff negotiations with Washington are far from over with the headline 19% rate on Indonesian exports to the U.S. marking just a starting point for discussions over details that could take "a long time" to finalize, Mari Pangestu, a leading Indonesian trade negotiator, told Nikkei Asia.
Pangestu is a former Indonesian trade minister who served as a World Bank managing director from 2020 to 2023. She is now a deputy chair of Indonesia's National Economic Council, and a special trade adviser to Indonesian President Prabowo Subianto.
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From Laos to Brazil, Trump's tariffs leave a lot of losers. But even the winners will pay a price
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