It's already happening, the US tariff on Indonesia is 32%, one of the highest one

[jstar]

Car manufacturers in the US are not happy with the trade agreement that the United States have signed with Japan. They are dissatisfied with a 15 percent import duty on goods from Japan, while the tax on goods from Canada and Mexico remains 25 percent.

On the Tokyo stock exchange, investors responded enthusiastically to the agreement. The Nikkei index gained 3.6 percent, with Japanese automakers in particular rose sharply. The price of automaker Toyota jumped 15 percent, Nissan climbed 9 percent, Mazda became worth 17 percent more and Mitsubishi was set 14 percent higher.

 

[jstar]

Powell will give a speech, there are rumors he will resign.

 

[Hawk256]

The US trade agreement with Indonesia seems like it is shaking about pretty good for both sides. One thing I noticed is the exemption for a certain percentage of the product to be locally made for US imports. That was a big sticking point with Apple on the iPhone 16 and ended up costing Apple $1 billion US in Indonesian investments. Also it appears medical devices will get a break. I paid 35% import tax for a CPAP machine a few years ago so I wish this had been the law a long time ago.

What’s in the New US-Indonesia Trade Agreement?

Indonesia will eliminate approximately 99 percent of tariff barriers for a full range of US industrial and US food and agricultural products

jakartaglobe.id

 

[Balifrog]

The US trade agreement with Indonesia seems like it is shaking about pretty good for both sides. One thing I noticed is the exemption for a certain percentage of the product to be locally made for US imports. That was a big sticking point with Apple on the iPhone 16 and ended up costing Apple $1 billion US in Indonesian investments. Also it appears medical devices will get a break. I paid 35% import tax for a CPAP machine a few years ago so I wish this had been the law a long time ago.

What’s in the New US-Indonesia Trade Agreement?

Indonesia will eliminate approximately 99 percent of tariff barriers for a full range of US industrial and US food and agricultural products

jakartaglobe.id

A lot of "Indonesia will...."

Let's see when all that will be applicated......