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Filtering by entity: People of Indonesia | Clear Filter
Summary:A landmark deal has been finalized with the Republic of Indonesia, opening its entire market to the United States for the first time in history. As part of this agreement, Indonesia will purchase $15 billion in U.S. energy, $4.5 billion in American agricultural products, and 50 Boeing jets, while U.S. exports to Indonesia will be tariff-free and Indonesia will pay a 19% tariff on its exports to the U.S.
Sentiment:Triumphant
Key Claims:
- A landmark deal was finalized with the Republic of Indonesia.
- The deal opens Indonesia’s entire market to the United States for the first time in history.
- Indonesia committed to purchasing $15 billion in U.S. Energy.
- Indonesia committed to purchasing $4.5 billion in American Agricultural Products.
- Indonesia committed to purchasing 50 Boeing Jets, many of them 777s.
- U.S. ranchers, farmers, and fishermen will have complete and total access to the Indonesian market of over 280 million people.
- Indonesia will pay the United States a 19% Tariff on all Goods they export to the U.S.
- U.S. Exports to Indonesia are to be Tariff and Non Tariff Barrier FREE.
- If there is any Transshipment from a higher Tariff Country, then that Tariff will be added on to the Tariff Indonesia is paying.
- The deal represents friendship and commitment to balancing the trade deficit.
- The deal will keep DELIVERING for the American People, and the People of Indonesia.
Potential Market Impact (S&P 500):7/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:6/10
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