Indonesia Postpones U.S. Tariffs on Indonesian Products Amid Ongoing Trade Negotiations

Published: Jul 15, 2025 20:50

Save

Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, announced the postponement of the U.S. 32% tariff on Indonesian products, originally set to take effect on August 1, following discussions with U.S. officials in Washington, D.C. The delay allows time to finalize negotiations on Indonesia’s tariff proposal, with both sides agreeing to continue talks over the next three weeks. Hartarto, who visited the U.S. after attending the BRICS Summit in Brazil with President Prabowo, emphasized that the meeting marked progress in strengthening Indonesia–U.S. trade ties. Discussions also addressed non-tariff barriers, digital economy cooperation, and investment, with particular focus on collaboration in critical minerals such as nickel, copper, and cobalt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

6 mins ago

High-Grade NPI Prices See Slight Rebound Amid Flat Supply and Low Demand Before Holiday

[SMM Nickel Flash] February 6 - Supply side, market offers were basically flat, with the price center showing a slight increase. Demand side, there was no substantial procurement demand before the holiday, but transactions were difficult to conclude at low prices. Overall, high-grade NPI prices saw a slight rebound, and significant fluctuations are unlikely to continue before the holiday.

6 mins ago

11 mins ago

SMM High-Grade NPI Price Rises to 1,040 Yuan/mtu on Feb 6, Market Sentiment Slightly Down

[SMM Nickel Flash] On February 6, the SMM average price for 10-12% high-grade NPI was 1,040 yuan/mtu (ex-factory, tax included), up 2.5 yuan/mtu MoM from the previous working day. The market sentiment factor for high-grade NPI was 2.06, down 0.04 MoM; the upstream sentiment factor for high-grade NPI was 2.84, down 0.07 MoM; and the downstream sentiment factor for high-grade NPI was 1.28, flat MoM.

11 mins ago

23 hours ago

[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.

Affected by macro sentiment, MHP and high-grade nickel matte prices declined this week.

23 hours ago