Trump's Indonesia Trade Deal: Relief or Exploitation? Vantage with Palki Sharma
Trump's Indonesia Trade Deal: Relief or Exploitation? | Vantage with Palki Sharma | N18G
Donald Trump's latest trade deal with Indonesia slashes threatened tariffs but imposes steep costs on Jakarta. The agreement keeps a 19% U.S. tariff on Indonesian goods — nearly four times last year's rate — while granting American exports free access to Indonesia. Jakarta also pledged billions in purchases of U.S. oil, agriculture, and Boeing jets. Indonesia's President Prabowo accepted the deal to avoid harsher penalties but admitted it was tough. Critics say the agreement showcases Trump's coercive approach: threaten extreme tariffs, then demand one-sided concessions. The deal raises questions about whether this is negotiation — or economic pressure disguised as diplomacy.
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