Indonesia has announced its commitment to provide a list of preferred tariff arrangements on U.S. goods in preparation for the second round of trade discussions with the United States set to take place later this month.
This initiative marks an important step in strengthening trade relations between the two economies. In 2024, the United States was Indonesia’s third-largest export market, with bilateral trade totaling $26.3 billion. Indonesia also recorded a $16.8 billion trade surplus with the U.S., underlining the significance of their economic ties.
Following a recent meeting with U.S. Trade Representative Jamieson Greer on the sidelines of the OECD gathering in Paris, Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, emphasized the country’s readiness to advance dialogue and address both tariff and non-tariff trade matters.
“We are prepared to continue open dialogue and address key issues such as tariffs, digital trade, and broader economic cooperation,” Airlangga stated.
As part of its broader strategy to strengthen economic collaboration, Indonesia is exploring opportunities to boost its energy imports from the U.S. by approximately $10 billion. This includes increased procurement of U.S. fuel, crude oil, and liquefied petroleum gas.
Indonesia’s main exports to the U.S. include electronics, apparel, and footwear—sectors that are expected to benefit from more favorable trade terms.
This proactive approach highlights Indonesia’s commitment to fostering a balanced and forward-looking trade partnership with the United States.
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