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Why Indonesia’s economic deals with US, EU could set bad precedent for other countries
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.
What would Indonesia get from a US tariff deal?
The agreement, which has limited detail so far, has been welcome by the presidents of Indonesia and the United States. Jakarta plans to buy Boeing planes and Indonesian goods will face a US tariff of 19%. This rate is lower than had previously been threatened.
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