food and agricultural products ↔ Indonesia

Relations (1)

cross_type 2.58 — strongly supporting 5 facts

Indonesia is directly linked to food and agricultural products through trade agreements that mandate the purchase of these goods [1], [2] and involve the elimination of tariff barriers on such products [3], [4].

Facts (5)

Sources

Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org Inu Manak, Allison J. Smith · Council on Foreign Relations 5 facts

claimJapan agreed to purchase commitments on agricultural goods, aircraft, and defense equipment, similar to an agreement previously made between the United States and Indonesia.

measurementIndonesia agreed to eliminate 99 percent of its tariff barriers on industrial and agricultural products under the U.S.-Indonesia Agreement on Reciprocal Trade.

claimThe trade agreement between the United States and Indonesia is the first deal that includes a commitment for Indonesia to purchase U.S. products, specifically aircraft, energy, and agricultural goods.

measurementIndonesia committed to purchasing $33 billion in U.S. aircraft, parts, agricultural goods, and energy products.

measurementUnder the trade agreement, Indonesia’s reciprocal tariff rate is capped at 19 percent, with exemptions for select agricultural goods (cocoa, coffee, tea, spices, tropical fruits) and industrial goods (aircraft and parts, chemicals, pharmaceuticals, electronics, and natural resources).