Indonesia says US trade deal reached
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Indonesia’s recent agreements with the Western superpower and the European bloc could set the path for other nations seeking similar arrangements. But experts warn against potential pitfalls and sacrificing domestic interests.
India deal similar to Indonesia's 19% tariff pact, sparking fears of an unfair trade setup. Experts call for clarity, parity and formal commitments.
Indonesia's central bank cut rates on Wednesday for the fourth time since September and said a revised tariff deal with the United States was positive for Southeast Asia's biggest economy amid weakening global trade and slowing domestic demand.