Trump Team’s Demands on Mining, China Snarl Indonesia Trade Deal
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Indonesia is resisting US trade-deal demands that it fears would restrain its independence, particularly in critical minerals and energy that risk its relations with China and Russia, according to people familiar with the situation.Since the US and Indonesia reached a framework in July that set a 19% tariff rate, the Trump administration has pushed Jakarta to agree to terms that would potentially restrain its relationship with China, one of its biggest foreign investors, according to the people, who asked not be identified as the talks aren’t public.