Indonesia to increase US imports and lower other orders

Indonesia plans to increase imports of US food and commodities while reducing orders from other countries, as stated by Chief Economic Minister Airlangga Hartarto during his visit to Washington. The country aims to boost imports from the US by up to $19 billion, including $10 billion in energy, to eliminate its trade surplus and avoid a potential 32% tariff on exports. Discussions with US officials are ongoing, with both nations agreeing to finalize negotiations within 60 days, focusing on agricultural products, capital goods, and simplifying import procedures.

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