Indonesia made an announcement regarding various concessions for importing goods from the U.S., such as lowering taxes on electronic products and steel. This move comes as preparations for trade talks with the U.S. are underway to address the impact of President Trump's tariffs. Indonesia plans to purchase liquefied petroleum gas, liquefied natural gas, and soybeans from the U.S. to facilitate negotiations. The delegation, led by chief economic minister Airlangga Hartarto, will visit the U.S. to discuss strategies with American authorities.

During a meeting attended by President Prabowo Subianto and other key officials, including the Finance Minister and central bank governor, Indonesia outlined measures to address U.S. tariffs. These include reducing import taxes on steel, mining products, and healthcare equipment from the U.S. to between 0% and 5%. Additionally, tariffs on electronics, mobile phones, and laptops from any country will be decreased to 0.5%.

Indrawati, the Finance Minister, highlighted the opportunity for Indonesia to become a new trade partner for the U.S. in various sectors. Indonesia enjoys a significant trade surplus with the U.S., with the U.S. being its third-largest export market. Electronics, apparel, and footwear are among the main products Indonesia exports to the U.S.

The Indonesian government is also exploring ways to boost imports from the U.S., such as obtaining components for an oil refinery project and possibly revising local content regulations for American tech and communication companies.