Most member countries support the Commission's stance and will not push for retaliation before the 1 August deadline. Von der Leyen also announced progress towards an "ambitious" free trade deal with Indonesia.

Indonesia will highlight its strategic importance in global trade, especially its natural resources, as it forges ahead with negotiations to try to reduce a 32% tariff imposed by the United States, a government official said on Wednesday.

President Donald Trump revealed new higher tariff rates for more than a dozen countries after hitting Japan and South Korea first earlier in the day.

Economists and investors urge Bank Indonesia (BI) to lower interest rates to boost the economy, citing new U.S. import tariffs.

The governments of Indonesia and the United States have agreed to continue bilateral talks on the 32-percent tariff imposed on Indonesian products for the

Airlangga is currently in Washington DC to meet US President Donald Trump's team over the looming 32 percent tariffs.

Indonesia will send its main negotiator to the U.S. on Monday ahead of Washington's deadline for tariff agreements on July 9, with the two countries also due to sign a $34 billion deal involving higher imports of U.

President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?

Minister Prasetyo Hadi explained that the United States' import tariffs apply not only to Indonesia but also to other countries.

JAKARTA (Reuters) -Indonesian palm oil exports to the United States may fall due to the 32% tariffs threatened on Indonesian goods, Hadi Sugeng, secretary general of the Indonesia Palm Oil Association (GAPKI),

In a letter dated July 7 and addressed to President Prabowo Subianto, US President Donald Trump confirmed the decision to keep the 32% tariff in place, despite ongoing talks.