Indonesia Confirms U.S. Trade Agreement
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TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Friday, July 17, 2025. Here are the highlights: Indonesia Trade Minister Upbeat Trump Tariffs Will Boost Investment; Observer: Prabowo's Foreign Hospital Plan Welcomed, But Under Great Scrutiny; and 19% US Tariff Reflects Indonesia's Weak Negotiating Power, Analyst Says.
Indonesia secures a 19 percent US tariff rate which is the lowest in ASEAN boosting export competitiveness while committing to enforcement.
The country has presented the deal as an honorable outcome, and it further diversifies its economic and strategic partnerships with the rest of the world.