Indonesia, Trade Agreement
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The president told reporters Indonesia had agreed to a 19 percent tariff rate on its exports to the U.S. The Indonesian government has yet to confirm the details of the deal.
The country has presented the deal as an honorable outcome, while further diversifying its economic and strategic partnerships with the rest of the world.
Asia-Pacific markets fell after U.S. President Donald Trump said Tuesday that he had reached a preliminary trade agreement with Indonesia.