Summary
President Donald Trump announced a 19% tariff on goods coming from Indonesia, while American goods exported to Indonesia will not face any tariffs. This decision followed a discussion with Indonesian President Prabowo Subianto.
Key Facts
- President Trump plans to put a 19% tariff on products imported from Indonesia.
- American goods sent to Indonesia will not have any tariffs placed on them.
- Trump posted details about this tariff decision on Truth Social.
- Tariffs are a kind of tax that is usually paid by importers when goods enter a country.
- Trump mentioned that Indonesia is strong in producing copper, although copper will have a separate 50% tariff starting August 1.
- The decision came after Trump spoke with Indonesian President Prabowo Subianto.