Chairperson of the National Economic Council (DEN) Luhut Binsar Pandjaitan responded to the decision of the President of the United States of America, Donald Trump, who lowered import tariffs from 32 percent to 19 percent for Indonesian export products.

Financial markets greeted US President Donald Trump’s tariff deal with Indonesia with little fanfare Wednesday, signaling the rate of around 20% that was once viewed as punitive is now seen as workable.

President Donald Trump told reporters Tuesday that he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.

U.S. President Donald Trump has officially reduced import tariffs on Indonesian products to 19 percent, down from the previous 32 percent.

U.S. President Donald Trump on Tuesday said letters notifying smaller countries of their U.S. tariff rates would go out soon, adding that his administration would likely set a tariff of "a little over 10%" for those countries.

The European Union could target Boeing and whiskey-maker Brown-Forman under its plans for retaliatory tariffs if the bloc can’t reach a trade deal with the U.S.