Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, announced that the United States has committed to substantial investments in Indonesia, which are expected to help maintain balanced bilateral trade relations despite the U.S. implementing reciprocal tariffs. He stated that the U.S. is one of Indonesia’s top five investors; for example, ExxonMobil is currently in discussions with Indonesia to establish a carbon capture and storage facility valued at up to USD 10 billion. In addition, technology company Oracle plans to invest USD 6 billion, while Microsoft and Amazon will invest USD 1.7 billion and USD 5 billion respectively to build cloud and artificial intelligence infrastructure. GE Healthcare will also collaborate with Kalbe Farma to establish Indonesia’s first CT scanner factory in West Java, with an initial investment of IDR 178 billion. The U.S. has reduced import tariffs on Indonesian products from 32% to 19%, and in return, Indonesia will eliminate approximately 99% of tariffs on U.S. industrial and food products. According to a joint statement released on July 22, 2025, U.S. and Indonesian companies have also signed a series of commercial agreements, including aircraft purchases worth USD 3.2 billion, agricultural products such as soybeans, wheat, and cotton worth USD 4.5 billion, and energy product deals worth USD 15 billion.
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