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Filtering by entity: Prabowo Subianto | Clear Filter
Summary:A trade agreement has been announced with the Republic of Indonesia, opening their market to American industrial, tech, and agricultural products by eliminating 99% of their tariff barriers, while Indonesian products entering the U.S. will face a 19% tariff. The agreement also includes Indonesia supplying critical minerals and purchasing tens of billions of dollars worth of American goods, including Boeing aircraft, American farm products, and American energy.
Sentiment:Triumphant
Key Claims:
- A trade agreement has been reached with the Republic of Indonesia.
- Indonesia will eliminate 99% of its tariff barriers for American industrial, tech, and agricultural products.
- The United States will sell American-made products to Indonesia at a zero tariff rate.
- Indonesia will pay a 19% tariff on all of their products coming into the U.S.A.
- Indonesia will supply the United States with critical minerals.
- Indonesia will sign deals worth tens of billions of dollars to purchase Boeing Aircraft, American Farm products, and American Energy.
- This deal is a significant win for U.S. automakers, tech companies, workers, farmers, ranchers, and manufacturers.
Potential Market Impact (S&P 500):6/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:5/10
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