US and Indonesia seal trade deal cutting tariffs, boosting trade, amid local industry concerns.

The US and Indonesia have agreed on a trade deal that eliminates over 99% of Indonesian tariffs on US goods and reduces US tariffs on Indonesian products to 19%. The agreement aims to boost bilateral trade, address non-tariff barriers, and enhance cooperation on digital trade, labor rights, and environmental protection. However, the deal raises concerns about Indonesia's economic dependence on the US and potential impacts on local industries.