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Indonesian goods will be taxed at 19%, Trump says

Indonesian goods will be taxed at 19%, Trump says

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.

Source Information