Indonesia will commit to changing an array of rules and regulations to strike a new trade deal with Donald Trump’s administration, according to fresh details of the agreement released on Tuesday.
The president last week announced that he had struck a deal with the south-east Asian nation that would have the US apply tariffs of 19 per cent to its imports, while Indonesia would apply no tariffs to most American goods.
The two sides released a written “framework” on Tuesday, which said they would “in the coming weeks . . . negotiate and finalise the Agreement on Reciprocal Trade”.
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