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Story summary
- Indonesia signed a trade deal in Washington on February 19, led by President Prabowo Subianto of Indonesia, creating over 200 obligations to the United States.
- The deal would reduce a potential U.S. tariff on Indonesian exports from 32% to 19%.
- It secures zero-tariff access for 1,819 Indonesian goods, including palm oil and coffee.
- Indonesia extends tariff exemptions for over 99% of American goods and lowers non-tariff barriers.
