
For much of April and into May, a team of negotiators from Indonesia have been in Washington to discuss trading relations between the world’s largest economy and another forecast to be in the Top 5 within a generation.
The Southeast Asian nation was among those hit hard by the across-the-board tariffs announced on April 2, 2025, by President Donald Trump, with a proposed 32% levy on its exports to the U.S. Trump subsequently backpedaled, putting in place a 90-day pause on any additional tariffs beyond a new 10% minimum.