Indonesia expects to resolve the dispute with the US over the 32% tariff on Indonesian goods within 60 days.
“We hope that within 60 days these agreements will be enshrined in agreements between the two countries“, said the Asian country's Coordinating Minister for Economic Affairs Airlangga Hartarto.. He noted that the government of the Asian republic is “actively building a dialogue“ with representatives of the US administration.
On April 9, Trump announced that he was suspending additional import tariffs imposed on a reciprocal basis on a number of countries and territories for 90 days. The White House explained that the pause is related to trade negotiations, during which a "universal tariff of 10%" will be in effect. At the same time, the US president increased tariffs on Chinese products to 125%. With a previous tariff of 20% imposed for alleged insufficient efforts by the governments of Canada, China and Mexico to combat the smuggling of fentanyl into the US, the total tariff on goods from China now reaches 145%.