Trump Agrees On Trade Tariffs With RI, Coordinating Ministry For The Economy: Hopefully The Best Results

JAKARTA - President of the United States (US) Donald Trump announced a trade agreement between the US government and Indonesia.

Responding to Trump's announcement regarding the trade agreement with Indonesia, the Spokesperson for the Coordinating Ministry for Economic Affairs Haryo Limanseto stated that he was waiting for further developments.

"We'll wait together, yes. Hopefully the results will be the best for both parties," said Haryo to VOI, Tuesday, July 15.

Through his social media account, @realDonaldTrump, the Republican president said the agreement was beneficial for all parties and had been signed directly with President Prabowo Subianto.

"Great deal, for tonight, just made with Indonesia. I dealt directly with their highest-respected President. DETAILS TO FOLLOW !!!! (A big deal, for everyone, has just been made with Indonesia. I deal directly with their highly respected President. DETAIL IMMEDIATELY FOLLOW!!!)" Trump wrote in his upload.

This announcement was made in the midst of the negotiation process for the reciprocal tariff between Indonesia and the United States, which is targeted for completion on August 1, 2025.

Previously, Coordinating Minister for Economic Affairs Airlangga Hartarto conveyed that the latest developments related to negotiations on the 32 percent import rate imposed by the President of the United States (US) Donald Trump on Indonesia were postponed.

According to Airlangga, currently Indonesia has obtained a postponement of the policy to complete the ongoing negotiations.

He also said that Indonesia was not subject to an additional 10 percent tariff imposed for BRICS member countries.

"So the first addition (10 percent for BRICS members) does not exist. The second time is we call it the Whale. So the postponement of implementation is to complete existing negotiations," he said.

Airlangga has also made visits to the United States to continue negotiations on Trump's 32 percent import rate policy against Indonesia.

For information, based on a letter addressed to President Prabowo Subianto, Indonesia will be subject to a reciprocal rate of 32 percent starting August 1, 2025.

Airlangga conveyed that during his meeting with the US Trade Minister Howard Lutnick and the US Trade Representative Jamieson Total Indonesia agreed that Indonesia would be included in the advanced stage of the negotiation process.

"It agrees that what is proposed by Indonesia is a follow-up process. So this three weeks is expected to be finalized rather than fine tuning proposals, and fine tuning than what has been exchanged," he concluded.