US President donald trump on tuesday announced a 19 percent tariff on Indonesia. This means that now 19 percent duty will be levied on goods sent from indonesia to America. Whereas there will be no tax on exports from America to Indonesia.
Indonesia will buy these things from America
In a post on Truth Social, trump said that he has talked to Indonesian President Prabowo Subianto on the phone about removing trade barriers for American imports. He also agreed that his country will buy American products in sufficient quantities. trump wrote, under this agreement, indonesia has committed to buy energy worth $ 15 billion, agricultural products worth $ 4.5 billion and 50 Boeing jets from America. He further said that American farmers, livestock farmers and fishermen will now get tariff free access to Indonesia's consumer market of 280 million people.
America will get full access in India
With this, trump has also indicated that the trade deal with india is close to being finalized. He said that America is close to getting full trade access in india as well. trump says, "We are going to get access to india as well. And you have to understand that we did not have access to any of these countries. Our people could not go there. Now we are getting access because of tariffs."
With this, trump has also indicated that the trade deal with india is close to being finalized. He said that America is close to getting full trade access in india as well. trump says, "We are going to get access to india as well. And you have to understand that we did not have access to any of these countries. Our people could not go there. Now we are getting access because of tariffs."
Trump furious at BRICS countries
These days trump is targeting BRICS countries. The BRICS group includes brazil, Russia, india, China, South Africa, Egypt, Ethiopia, Iran, United Arab Emirates and Indonesia. Recently, a meeting of BRICS countries was held in Rio de Janeiro, brazil on 6 and 7 July. prime minister Narendra Modi also participated in it. There was a discussion about BRICS currency in the meeting.
BRICS countries want a common currency to be created by reducing their dependence on the US dollar, which will make it easier for them to trade and until the BRICS currency is agreed upon, trade should be done in mutual currency only. trump is irritated by this. Even six months ago, when the BRICS countries had announced the BRICS currency, challenging the dollar, even then trump had threatened these countries. But there was talk of imposing 100 percent tariff.
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