Trump announces trade deal with Indonesia
U.S.-Indonesia Trade Deal: President Trump announced a new trade deal with Indonesia, which is part of his tariff policies, with details to be revealed soon. The U.S. had previously threatened high tariffs on Indonesian goods, particularly affecting palm oil exports.
Trade Statistics: In 2024, U.S. goods trade with Indonesia reached approximately $38.3 billion, with a significant trade deficit of $17.9 billion, highlighting the importance of this agreement for both countries' economies.
Trade with 70% Backtested Accuracy
Analyst Views on IDX
No data
About the author
Trump announces trade deal with Indonesia
U.S.-Indonesia Trade Deal: President Trump announced a new trade deal with Indonesia, which is part of his tariff policies, with details to be revealed soon. The U.S. had previously threatened high tariffs on Indonesian goods, particularly affecting palm oil exports.
Trade Statistics: In 2024, U.S. goods trade with Indonesia reached approximately $38.3 billion, with a significant trade deficit of $17.9 billion, highlighting the importance of this agreement for both countries' economies.
Trump tariffs could slash Indonesian palm oil exports to US by up to 20%, official warns
Impact of Tariffs on Palm Oil Exports: Indonesian palm oil exports to the U.S. may decrease by 15%-20% due to a proposed 32% tariff, which could affect Indonesia's competitiveness against other vegetable oils.
Current Export Statistics: Indonesia, the world's largest palm oil producer, exported an average of 2.25 million metric tons of palm oil annually to the U.S. over the past three years, with total exports reaching 29.5 million tons in 2024.
Indonesia looks to buy more US wheat in bid for trade deal
Indonesia's Wheat Import Plans: Indonesia plans to increase its wheat imports from the U.S. by signing a memorandum of understanding for procurement covering 2025-2030, aiming to purchase at least 800,000 tons this year and projecting annual imports to reach a minimum of 1 million tons starting in 2026.
Trade Agreement Negotiations: As part of tariff negotiations with the U.S., Indonesia has proposed reducing duties on key imports to nearly zero and committing to buy $500 million worth of U.S. wheat.
Indonesia plans to cut import red tape, pitches critical minerals investment to U.S.
Indonesia's Import Policy Changes: Indonesia plans to ease import rules by removing licensing requirements for certain goods and excluding some industrial raw materials from restrictions, potentially linked to ongoing tariff negotiations with the U.S.
Joint Investment Opportunity in Critical Minerals: Indonesia has proposed a joint investment opportunity in a critical minerals project related to electric vehicle batteries, highlighting its position as the world's largest nickel producer while also ramping up efforts to enhance the EV battery supply chain.
Indonesia's central bank surprises with rate cut amid weakening currency
Interest Rate Cut: Bank Indonesia has unexpectedly reduced its benchmark interest rate by 25 basis points to 5.75%, the first cut since September 2024, despite market expectations for it to remain at 6%.
Economic Outlook: The central bank revised its growth forecast for 2025 down to 4.7%-5.5% due to concerns over economic momentum and a weakening rupiah, which is currently trading at its lowest against the USD since July 2024.
VanEck Announces Year-End Distributions for VanEck Equity ETFs
VanEck ETF Distributions: VanEck announced the 2024 annual distributions per share for its equity exchange-traded funds (ETFs), with various funds providing specific income amounts and capital gains, payable on December 24, 2024.
Investment Risks and Tax Information: The distributions will primarily come from net investment income, with potential variations in future payments. Investors are advised to seek independent tax advice and review the prospectus for detailed information on risks associated with investing in VanEck ETFs.
Trump announces trade deal with Indonesia
U.S.-Indonesia Trade Deal: President Trump announced a new trade deal with Indonesia, which is part of his tariff policies, with details to be revealed soon. The U.S. had previously threatened high tariffs on Indonesian goods, particularly affecting palm oil exports.
Trade Statistics: In 2024, U.S. goods trade with Indonesia reached approximately $38.3 billion, with a significant trade deficit of $17.9 billion, highlighting the importance of this agreement for both countries' economies.
Trump tariffs could slash Indonesian palm oil exports to US by up to 20%, official warns
Impact of Tariffs on Palm Oil Exports: Indonesian palm oil exports to the U.S. may decrease by 15%-20% due to a proposed 32% tariff, which could affect Indonesia's competitiveness against other vegetable oils.
Current Export Statistics: Indonesia, the world's largest palm oil producer, exported an average of 2.25 million metric tons of palm oil annually to the U.S. over the past three years, with total exports reaching 29.5 million tons in 2024.
Indonesia looks to buy more US wheat in bid for trade deal
Indonesia's Wheat Import Plans: Indonesia plans to increase its wheat imports from the U.S. by signing a memorandum of understanding for procurement covering 2025-2030, aiming to purchase at least 800,000 tons this year and projecting annual imports to reach a minimum of 1 million tons starting in 2026.
Trade Agreement Negotiations: As part of tariff negotiations with the U.S., Indonesia has proposed reducing duties on key imports to nearly zero and committing to buy $500 million worth of U.S. wheat.
Indonesia plans to cut import red tape, pitches critical minerals investment to U.S.
Indonesia's Import Policy Changes: Indonesia plans to ease import rules by removing licensing requirements for certain goods and excluding some industrial raw materials from restrictions, potentially linked to ongoing tariff negotiations with the U.S.
Joint Investment Opportunity in Critical Minerals: Indonesia has proposed a joint investment opportunity in a critical minerals project related to electric vehicle batteries, highlighting its position as the world's largest nickel producer while also ramping up efforts to enhance the EV battery supply chain.
Indonesia's central bank surprises with rate cut amid weakening currency
Interest Rate Cut: Bank Indonesia has unexpectedly reduced its benchmark interest rate by 25 basis points to 5.75%, the first cut since September 2024, despite market expectations for it to remain at 6%.
Economic Outlook: The central bank revised its growth forecast for 2025 down to 4.7%-5.5% due to concerns over economic momentum and a weakening rupiah, which is currently trading at its lowest against the USD since July 2024.
VanEck Announces Year-End Distributions for VanEck Equity ETFs
VanEck ETF Distributions: VanEck announced the 2024 annual distributions per share for its equity exchange-traded funds (ETFs), with various funds providing specific income amounts and capital gains, payable on December 24, 2024.
Investment Risks and Tax Information: The distributions will primarily come from net investment income, with potential variations in future payments. Investors are advised to seek independent tax advice and review the prospectus for detailed information on risks associated with investing in VanEck ETFs.
