Most member countries support the Commission's stance and will not push for retaliation before the 1 August deadline. Von der Leyen also announced progress towards an "ambitious" free trade deal with Indonesia.

Indonesia will highlight its strategic importance in global trade, especially its natural resources, as it forges ahead with negotiations to try to reduce a 32% tariff imposed by the United States, a government official said on Wednesday.

Economists and investors urge Bank Indonesia (BI) to lower interest rates to boost the economy, citing new U.S. import tariffs.

President Donald Trump revealed new higher tariff rates for more than a dozen countries after hitting Japan and South Korea first earlier in the day.

Indonesia will send its main negotiator to the U.S. on Monday ahead of Washington's deadline for tariff agreements on July 9, with the two countries also due to sign a $34 billion deal involving higher imports of U.

Minister Prasetyo Hadi explained that the United States' import tariffs apply not only to Indonesia but also to other countries.

Airlangga is currently in Washington DC to meet US President Donald Trump's team over the looming 32 percent tariffs.

Indonesia's meeting with United States representatives in Washington on the looming tariffs went "positively", its chief negotiator said on Thursday, with both countries exploring a wider partnership in the critical minerals sector.

President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?

Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what President Trump will do next.