Washington D.C.,, July 23 -- The US and Indonesia agreed to a framework for negotiating an Agreement on Reciprocal Trade to strengthen the bilateral economic relationship, which will provide both countries' exporters unprecedented access to each other's markets, the White House revealed in a joint statement on July 23 (Vietnam time). The agreement will build upon the long-standing economic relationship, including the US - Indonesia Trade and Investment Framework Agreement signed on July 16, 1996. In a post on his Truth Social platform, US President Donald Trump revealed that both sides have agreed that Indonesia will open its doors to US industrial products, technology, and agricultural goods by eliminating 99% of tariff barriers. The US ...
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