President Trump announced a new trade agreement with Indonesia, imposing a 19% tariff on Indonesian imports while American goods will remain tariff-free. Trump, speaking on Truth Social, claimed Indonesia will bear the full cost of the tariffs. The agreement followed a conversation with Indonesian President Prabowo Subianto. The role of copper, previously subject to a separate 50% tariff, in this new deal remains unclear.
Prepared by Rachel Morgan and reviewed by editorial team.
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