CNA938 Rewind - How much is Trump’s revised 19% tariff a win for Indonesia?
Indonesian leader Prabowo Subianto on Wednesday (Jul 16) hailed a "new era of mutual benefit" with Washington after President Donald Trump announced Indonesian goods entering the United States would face a 19 per cent tariff, far below the 32 per cent he had earlier threatened. Andrea Heng and Hairianto Diman assess the impact of the revised rate on Indonesia’s economy with Adam Samdin, an economist from the Asia Macro team at Oxford Economics.