Indonesia fast-tracks talks with U.S., aiming to finalize tarif and trade deal in 60 days

  • Published on 21/04/2025 GMT+7

  • Reading time 2 minutes

  • Author: Julian Isaac

  • Editor: Imanuddin Razak

USTR - image source: Kemenkeu

USTR - image source: Kemenkeu

An Indonesian delegation led by Coordinating Minister for the Economy Airlangga Hartarto has met with United States Trade Representative Jamieson Greer and U.S. Secretary of Commerce Howard Lutnick in Washington D.C. to discuss tariff policy issues and strengthen bilateral economic partnerships.

The delegation, which include Deputy Minister of Finance Thomas Djiwandono, Deputy Chairperson of the National Economic Council Mari Elka Pangestu, as well as representatives from the Ministry of Trade and the Indonesian Embassy, has secured accelerated strategic economic dialogue with the U.S. through an initial meeting held in Washington D.C. on April 16-23, 2025.

In the meeting, both parties agreed that discussions on tariff issues and trade cooperation between the two countries would be finalized soon.

"The U.S. side has agreed that the issue of tariff policies and bilateral cooperation between Indonesia and the U.S. will be discussed and resolved within the next 60 days," Airlangga said as quoted in a statement on Friday, April 18, 2025.

Indonesia conveyed a number of strategic initiatives to create fair and balanced trade, including increasing purchases of energy, agricultural products, and optimizing cooperation related to the critical minerals sector. The Indonesian government proposed providing incentives and facilities for companies from both countries and facilitating procedures for importing U.S. products to Indonesia, as well as several strategic investments from both countries.

The Indonesian government also conveyed the importance of strengthening cooperation in education, science, the digital economy and financial services. In addition, it also emphasized the importance of setting lower tariffs than competing countries for main export products that will not compete with domestic industries in the U.S. It is also important to ensure the resilience of the supply chain of strategic products in maintaining economic security.

The delegation’s U.S. trip is part of Indonesia’s efforts to negotiate on the reciprocal tariff policy announced by President Donald J. Trump on April 2, 2025, in which the U.S. import tariff is set at 32 percent for Indonesian goods.

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