Indonesia has agreed to eliminate tariffs on more than 99% of U.S. goods and scrap all non-tariff barriers facing American firms, while the U.S. will drop threatened tariffs on Indonesian products to 19% from 32%,

The US tariff deal with Indonesia is set to ease critical mineral export restrictions from the Southeast Asian country to the US, the White House said Tuesday.

JAKARTA: A celebratory and hopeful tone has been raised over the United States' decision to lower Indonesia's trade tariff to 19 per cent, but analysts have warned that the country may still face tricky situations ahead as nonaligned Jakarta works to rebalance ties with other key economic partners.