Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Trump Signs “America First Arms Transfer Strategy” to Prioritize U.S. Weapons Sales 
Federal Judge Restores Funding for Gateway Rail Tunnel Project 
U.S. Sanctions on Russia Could Expand as Ukraine Peace Talks Continue, Says Treasury Secretary Bessent 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Pentagon Ends Military Education Programs With Harvard University 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
U.S. Announces Additional $6 Million in Humanitarian Aid to Cuba Amid Oil Sanctions and Fuel Shortages 
U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday 
China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Indonesia expects to finalize its tariff negotiations with the United States by the end of the year, signaling continued momentum in bilateral trade relations despite reports of growing tensions. The announcement was made by Indonesia’s chief negotiator and Coordinating Minister for Economic Affairs, Airlangga Hartarto, who said a government delegation will soon travel to Washington, D.C. to continue discussions with U.S. counterparts.
The statement followed a phone call held on Thursday between Airlangga and U.S. Trade Representative Jamieson Greer, which focused on the progress of tariff negotiations and the implementation of prior commitments. According to Airlangga, both countries remain aligned with the objectives outlined in the Leaders’ Declaration agreed upon on July 22, and Indonesia is committed to completing what was previously negotiated.
Indonesia–U.S. trade talks have drawn attention after a U.S. official, speaking anonymously, suggested that the proposed trade deal was at risk of collapse. The official claimed that Jakarta had stepped back from several commitments that had already been agreed upon, raising concerns in Washington over the reliability of the agreement.
However, Indonesian officials rejected claims that negotiations were failing. Jakarta emphasized that talks with Washington are still ongoing and described the current situation as a normal part of trade negotiation dynamics. Officials added that further harmonization of language and technical details is required before the agreement can be finalized, a process they said is common in complex international trade deals.
The negotiations gained prominence after the United States reduced tariffs on Indonesian products to 19%, down from the previous 32%. This reduction followed Indonesia’s agreement to eliminate tariffs on more than 99% of U.S. goods entering its market and to remove non-tariff barriers affecting American companies operating in Indonesia. These measures were seen as a major step toward improving market access and strengthening economic cooperation between the two countries.
As both sides prepare for further talks in Washington, the outcome of the negotiations will be closely watched by businesses and investors, given the potential impact on Indonesia–U.S. trade flows and regional economic stability.
