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Trump’s announcement comes after he threatened last week to impose a 32% tariff on Indonesian goods starting Aug. 1.

Jul 15, 09:10 PM IST 3 min read

US President Donald Trump announced a trade deal with Indonesia, providing no details on the agreement. The announcement follows Trump's threats of a 32% tariff on Indonesian goods. Markets reacted positively, with Indonesia's ETF rising 0.7%. This agreement marks the fourth trade framework Trump has initiated with foreign countries amid ongoing tariff negotiations.

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