Title  Indonesia has vowed to buy more American goods as part of ongoing trade talks between the two nations

Title Indonesia has vowed to buy more American goods as part of ongoing trade talks between the two nations

Title Indonesia has vowed to buy more American goods as part of ongoing trade talks between the two nations

2025-04-19 08:10:46

Indonesia has vowed to buy more American goods as part of ongoing trade talks between the two nations. The vow comes after President Donald Trump threatened to slap tariffs on imported cars and auto parts.

Indonesian Trade Minister Enggartiasto Lukita said his country is looking forward to deepening its trade ties with the U.S. at a time when both nations are experiencing positive economic conditions, according to a statement released by Indonesia's foreign ministry.

Lukita also expressed hope that the two countries would address their trade issues through constructive discussions and dialogue, rather than resorting to tariffs or other forms of protectionism.

Trump has made it clear he is unhappy with America's massive $375 billion trade deficit with China. He also has expressed concerns about Europe's trade surplus with the U.S., which stood at $151 billion last year.

In August, Trump imposed a 25 percent tariff on steel imports and a 10 percent levy on aluminum imports from Turkey. The move came after Turkey refused to bow to American demands that it release an imprisoned Christian pastor who was later freed and allowed to return home.

U.S. trade officials also are looking into whether foreign companies have been cheating by avoiding paying American customs duties. Some of the companies under investigation include Germany's Bayer, Sweden's IKEA, Japan's Toyota and South Korea's Samsung, according to a person familiar with the probe.

The crackdown on possible evasion follows Trump's Section 301 investigation into China's intellectual property policies, which led to tariffs on $250 billion worth of Chinese goods. U.S. officials also have threatened to slap duties on virtually all of the $540 billion in annual Chinese trade unless the two countries can strike a deal by March.

Trump has made it clear he is unhappy with America's massive $375 billion trade deficit with China. He also has expressed concerns about Europe's trade surplus with the U.S., which stood at $151 billion last year.

In August, Trump imposed a 25 percent tariff on steel imports and a 10 percent levy on aluminum imports from Turkey. The move came after Turkey refused to bow to American demands that it release an imprisoned Christian pastor who was later freed and allowed to return home.

U.S. trade officials also are looking into whether foreign companies have been cheating by avoiding paying American customs duties. Some of the companies under investigation include Germany's Bayer, Sweden's IKEA, Japan's Toyota and South Korea's Samsung, according to a person familiar with the probe.

The crackdown on possible evasion follows Trump's Section 301 investigation into China's intellectual property policies, which led to tariffs on $250 billion worth of Chinese goods. U.S. officials also have threatened to slap duties on virtually all of the $540 billion in annual Chinese trade unless the two countries can strike a deal by March.


Avatar

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.

Cookie
We care about your data and would love to use cookies to improve your experience.