US President Donald Trump has announced a new 19% tariff on goods imported from Indonesia. This means all products coming from Indonesia to the USA will now be taxed at 19%. However, there will be no tax on American goods going to Indonesia.
What Will Indonesia Buy from the USA?
In a post on Truth Social, Trump said he spoke to Indonesia’s President Prabowo Subianto over the phone. They discussed removing trade restrictions on American goods. Trump said Indonesia agreed to buy:
- $15 billion worth of energy
- $4.5 billion in agriculture products
- 50 Boeing jets
He also said American farmers, ranchers, and fishermen will now get tariff-free access to Indonesia’s market of 280 million people.
US May Get Full Access to Indian Market Too
Trump also mentioned that the USA is close to finalizing a trade deal with India. He said:
“We are about to get full access to India, and earlier we had no access at all. Now because of tariffs, we are finally being allowed in.”
This hints that big trade changes could soon happen with India as well.
Trump Targets BRICS Countries
Trump is also angry at BRICS countries. These include:
- Brazil, Russia, India, China, South Africa
- And new members: Egypt, Ethiopia, Iran, UAE, Indonesia
A BRICS meeting took place on 6–7 July in Rio de Janeiro, Brazil. PM Narendra Modi attended the event, where leaders discussed a new BRICS currency.
Why Is Trump Upset?
BRICS nations want to reduce their dependency on the US dollar. They are planning to create a common currency for trade. Until that happens, they may trade in their local currencies.
Trump doesn’t like this idea. Six months ago, when BRICS first announced the plan, Trump warned that he might impose 100% tariffs on these countries.
Summary
- Trump puts 19% tariff on Indonesian imports.
- Indonesia agrees to buy US energy, agriculture goods, and airplanes.
- US may soon get full trade access to India.
- Trump is angry at BRICS’ plan for a new currency.
- He wants to protect the US dollar’s dominance in global trade.
These moves could change global trade patterns, and affect prices and relations between major economies.
