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Indonesia says 19% US tariff might kick in before August 1

Indonesia says 19% US tariff might kick in before August 1

Reuters4 days ago
JAKARTA, July 21 (Reuters) - Indonesia's chief economic minister Airlangga Hartarto said on Monday that a 19% tariff on Indonesian goods entering the United States could come into effect sooner than an August 1 deadline set by U.S. President Donald Trump.
Airlangga said the timing of the tariff depended on a joint statement expected soon between the two countries, which reached a trade deal last week that led to a reduction in the threatened U.S. proposed tariff rate to 19% from 32%.
The deal was one of only a handful reached so far by the Trump administration ahead of the August 1 negotiation deadline with numerous countries.
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