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US President Donald Trump said he had stopped at another tariff – this time with Indonesia.
Trump said he agreed to reduce the tariffs he threatened with the goods that enter the US from Indonesia up to 19%, in exchange for what he called “full access” for US companies.
The terms of the deal were not immediately confirmed by the country of Southeast Asia, which boasts small but growing trade relations with the United States.
The pact is the last one that appeared after this spring opened a flurry of tariffs, starting a flurry of trade talks.
After suspension of his most aggressive tariff plans, Trump has resumed his threats since the beginning of this year, sending warning letters to dozens of countries that he intended to start chargeing high tariffs on August 1.
Its goals included all the largest trading partners in America, including the European Union, Canada, Mexico, Japan and South Korea.
Last week, Indonesia also received a letter from Trump, which outlines plans for 32% tariff for their goods, reportedly surprised by officials who believed that the deal was close.
Trump said he reduced this rate on Tuesday after a phone call with President of Indonesia.
He said in the framework of Indonesia’s transaction agreed to reduce trading tariffs for US products.
“They are going to pay 19%and we pay nothing … We will have full access to Indonesia,” he said to journalists.
The country also agreed to buy $ 15 billion in American energy, $ 4.5 billion in American agricultural products and 50 Jets Boeing, later wrote on social media.
These figures are lower than those outlined in the trading transaction, it was reported that earlier this month, it is expected to be signed.
In addition to Indonesia, the administration announced only the UK, China and Vietnam. In all three cases, the transactions left high tariffs in the US, while key issues and terms remained unconfirmed or unresolved.
Evereth Eysensta, a partner in Squire Patton Boggs, whose economic advisor during the Trump first administration said he expects the White House to open more transactions in the coming weeks, noting that many countries have reduced their expectations from what they were hoping to reach.
He pointed on Latest Comments on Tuesday Prime Minister Mark KarniWhat caused the possibility that the country could accept tariffs at the level that are once considered incredible.
“The tone changes a lot,” he said.