February 19, 2026

STOCK MARKET action as trade deal reached with Indonesia: Economic impact

Business

Indonesian leader Prabowo Subianto signed a reciprocal trade agreement with U.S. President Donald Trump. The countries reached a framework trade deal that would drop most Indonesian tariffs on U.S. goods and have the U.S. set a 19% tariff on Indonesian exports. A White House statement called it a “great deal" that will “help both countries to strengthen economic security." Indonesian and U.S. companies also reached several business deals a day earlier.

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