Indonesia, trade barriers
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Washington will set a 19% tariff on most Indonesian goods in exchange for lower trade barriers for US goods
Indonesia is tightening state control over its globally important nickel industry after years of betting that the metal would anchor a homegrown electric-vehicle industry.
Kazakhstan and Kosovo have also pledged to participate, while Egypt and Jordan will provide training for police.
President Prabowo Subianto of Indonesia will be among those meeting with President Trump in Washington this week to discuss his Board of Peace initiative to oversee a cease-fire in Gaza.
Indonesia’s state-owned integrated energy company, and Halliburton (NYSE: HAL), a global leader in energy services and technology, signed a memorandum of understanding (MOU) to accelerate the deployment of advanced well construction and stimulation technologies in Indonesia.
U.S. President Donald Trump’s Board of Peace is due to hold its inaugural meeting on Wednesday in Washington. Three Southeast Asian nations—Cambodia, Indonesia, and Vietnam—are due to attend. The rest of the region is steering clear.
Indonesia will import 1,000 tons of US rice under a trade pact, despite President Prabowo’s push to ban standard rice imports.
Indonesia and the U.S. signed a February 19, 2026 trade deal exempting some U.S. goods from halal certification.