Will Indonesia Regret Its Trade Deal With Trump? by Lili Yan Ing

By guaranteeing that Indonesia will not face tariffs exceeding 19% on its exports to the US through 2029, its new trade agreement with the Trump administration seems to provide a degree of certainty at a time of volatility. But at what cost?

JAKARTA – Be careful what you wish for, lest it come true. That ancient proverb comes to mind when considering the eagerness of America’s trade partners around the world to negotiate deals with US President Donald Trump’s administration. Four countries already have, with Indonesia the latest to do so – and possibly the first to regret it.