logo
1st LD: Trump says 19 percent tariff to be charged on Indonesian goods

1st LD: Trump says 19 percent tariff to be charged on Indonesian goods

The Stara day ago
NEW YORK, July 15 (Xinhua) -- U.S. President Donald Trump announced Tuesday that Indonesia will pay a 19 percent tariff on all goods exported to the United States, while U.S. exports to Indonesia are to be free of tariff- and non-tariff barriers.
Trump said on Truth Social that he "finalized an important Deal with the Republic of Indonesia after speaking with their Highly Respected President Prabowo Subianto. This landmark Deal opens up Indonesia's ENTIRE MARKET to the United States for the first time in History."
As part of the agreement, Indonesia has committed to purchasing 15 billion U.S. dollars in energy and 4.5 billion dollars in agricultural products from the U.S. market, besides 50 Boeing jets, he added.
"For the first time ever, our Ranchers, Farmers, and Fishermen will have Complete and Total Access to the Indonesian Market of over 280 million people," he wrote.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs Driving Industry Pivot Toward Asia
Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs Driving Industry Pivot Toward Asia

Malay Mail

time19 minutes ago

  • Malay Mail

Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs Driving Industry Pivot Toward Asia

SINGAPORE - Media OutReach Newswire - 17 July 2025 - With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term of U.S. President Donald Trump, supply chains are undergoing dramatic shifts—and Asia is solidifying its role as the sector's global hub. While the U.S. tariffs primarily targeted a broad range of Chinese industrial chemicals under Section 301, some specialty additives used in lubricant formulations were affected. In response, U.S. manufacturers have faced increased costs, sourcing uncertainties, and production delays, prompting a re-evaluation of procurement strategies. These disruptions have had ripple effects across the automotive, industrial, and specialty lubricant markets worldwide. Strategic Realignment: From the West to the East As regulatory complexity and economic uncertainty mount in the U.S. and European markets, many lubricant producers, OEMs, and blenders are redirecting investment and operational focus toward Asia. The region already accounts for the world's largest share of lubricant demand and continues to post some of the fastest growth, driven by expanding industrialization and vehicle ownership. Asia's strong manufacturing base, growing consumer markets, and expanding infrastructure for lubricant production make it an attractive destination for global expansion. Companies are deepening their presence in countries such as China, India, Malaysia, and Singapore—tapping into local production advantages, aligning with regional OEMs, and building supply chain resilience. The Asian Lubricant Exhibition 2025: Spotlighting the Industry's Transformation Asian Lubricant Exhibition 2025, held September 9–11 at the Suntec Singapore Convention & Exhibition Centre, Hall 403, Level 4. As Asia's only dedicated trade show focused on the lubricants value chain, the event provides a timely platform for addressing trade disruptions, supply chain realignment, and emerging opportunities across the region. The exhibition and exhibitor presentations are open to the public, free of charge. Pre-registration is highly encouraged to be eligible for door prizes and exclusive onsite offers. The challenges—and potential advantages—of this strategic global shift will take center stage at the, held September 9–11 at the Suntec Singapore Convention & Exhibition Centre, Hall 403, Level 4. As Asia's only dedicated trade show focused on the lubricants value chain, the event provides a timely platform for addressing trade disruptions, supply chain realignment, and emerging opportunities across the region. The exhibition and exhibitor presentations are open to the public, free of charge. Pre-registration is highly encouraged to be eligible for door prizes and exclusive onsite offers. Co-hosted by the Asian Lubricants Industry Association (ALIA) and F&L Asia Ltd., the three-day event brings together global players navigating today's volatile landscape—from base oil producers and additive specialists to blending, packaging, quality and compliance services, logistics, and end-user service providers. over 60% of booths already sold, and exhibitors including ExxonMobil, Chevron Oronite, CPC Corporation, Kangtai Lubricant Additives, Kemipex, Patech, Huntsman, Master Fluid, Axel Christiernsson, Metal-Chemie, ML Lubrication, Songwon, Vanderbilt, BRB, Hyrax Oil, and Universal Analytical, the exhibition offers a unique opportunity to showcase solutions that address the current challenges of global trade volatility—especially those tied to tariffs and regulatory pressures. Withalready sold, and exhibitors including, the exhibition offers a unique opportunity to showcase solutions that address the current challenges of global trade volatility—especially those tied to tariffs and regulatory pressures. Highlights Include: Exhibitor Presentations spotlighting supply chain innovations Training and networking events such as the Base Oil 101 Training Course and the ALIA Anniversary Dinner Executive Briefings on market forecasts and trade realignment The ALIA Sustainability Session on future-ready lubricant strategies Join the Conversation on Supply Chain Transformation Whether you're a supplier, OEM, blender, technology provider, or logistics expert, this is the moment to engage with Asia's lubricant leaders and align your strategy with where the market is headed. For booth bookings, program details, and registration, visit: Let's shape the future of lubricants—together in Singapore. Hashtag: #AsianLubricantExhibition2025 #ALE2025 The issuer is solely responsible for the content of this announcement.

Panic grips Haitian migrants in US as Trump pushes deportations
Panic grips Haitian migrants in US as Trump pushes deportations

New Straits Times

timean hour ago

  • New Straits Times

Panic grips Haitian migrants in US as Trump pushes deportations

NEW YORK: The 500,000-strong Haitian community in the US is in a state of panic as the Trump administration pushes to deport those who fled there after a devastating 2010 earthquake. "I came here seeking refuge, and now they want to kick me out," said Clarens, who obtained Temporary Protected Status (TPS) following the quake that levelled much of his Caribbean island home. "I believed in the American dream, and I thought I could bring the rest of my family here. I thought we would be able to thrive in the US." In Miami and New York, where the Haitian diaspora is largest, fear of being returned to the destitute, violent, largely lawless and gang-ridden island is widespread. "It's total panic, the whole community is suffering because even if your temporary status has not yet been revoked, ICE (Immigration and Customs Enforcement) agents are on the streets and can arrest anyone," said Clarens, which is not his real name. After cancelling an extension of the protective status granted to 520,000 of Clarens's countrymen to Feb 2026, Trump definitively cancelled it in June. While a New York court has blocked Trump's move, Haitian-American immigration lawyer Stephanie Delia warned the reprieve will likely be short-lived. "If it ends Feb 3 – which sadly we expect that it will – you're talking about people who for 15 years have relied on something and have built their life on it," she said. In Brooklyn's "Little Haiti" neighbourhood, many in the diaspora are too afraid to go to church, work, or even the doctor for fear of being arrested by ICE agents. "The number of TPS people – so mostly Haitians and people from Latin America – has dropped sharply at the clinic. From 300 to 30 a day. People are afraid," said the head of a clinic in the neighbourhood who requested anonymity. Guerline Jozef, director of the Haitian Bridge Alliance, said she was aware of many people afraid to go outdoors, including one woman in "complete distress." "She had to flee Haiti 20 years ago, and was able to get that protection in 2010. Now her fear is what is going to happen – primarily with her children," Jozef said. Haitian activist Pascale Solages warned that without legal status, "people will no longer be able to work, pay their rent, and will end up on the street." Faced with the choice of being arrested and removed, or "self-deporting," some migrants are fleeing to Canada. "We are receiving many inquiries and calls. We are seeing 10 to 15 people per day," said Marjorie VilleFranche, director of Maison d'Haiti, a support organisation in Montreal, home to a large Haitian community. Under an agreement on safe third countries, Haitians in the US can apply for asylum in Canada if they have family there. Others can cross the land border and request asylum within two weeks. Canada's Border Services Agency said more than 8,000 asylum seekers crossed at the Saint-Bernard-de-Lacolle crossing between Quebec and New York State in the first six months – up from 4,613 in the same period in 2024. Most of those were Haitian. Clarens said he could not imagine travelling to Canada without his family and waiting years for an asylum ruling. The prospect of returning home is even more daunting. Haiti is plagued by gang violence, with more than 3,000 people killed in the first six months of 2025, the UN says. The gangs control most of the capital city, Port-au-Prince. Haiti is run by a weak, unelected transitional government and has not held an election of any kind since 2016. "Gangs control everything – they have informants monitoring those who enter and leave the country. In their minds, if you live in the US, you must have money," Clarens said. "We'd be kidnap targets. Sending us back there is like sending us to our deaths – to the slaughterhouse."

Trump rescinds US$4bil in US funding for California High-Speed Rail project
Trump rescinds US$4bil in US funding for California High-Speed Rail project

New Straits Times

timean hour ago

  • New Straits Times

Trump rescinds US$4bil in US funding for California High-Speed Rail project

WASHINGTON: US President Donald Trump said on Wednesday the Transportation Department is rescinding US$4 billion in US government funding for California's High-Speed Rail project. The department said there was no viable path forward for California's High-Speed Rail project and it was considering potentially clawing back additional funding related to the project. The Federal Railroad Administration issued a 315-page report last month citing missed deadlines, budget shortfalls and questionable ridership projections. One key issue cited is that California had not identified US$7 billion in additional funding needed to build an initial 171-mile segment between Merced and Bakersfield, California. The California High-Speed Rail System is a planned two-phase 800-mile (1,287 km) system with speeds of up to 220 miles per hour that aims to connect San Francisco to Los Angeles/Anaheim, and in the second phase, extend north to Sacramento and south to San Diego. The California High-Speed Rail Authority said previously it strongly disagrees with the administration's conclusions "which are misguided and do not reflect the substantial progress made to deliver high-speed rail in California." It noted California Governor Gavin Newsom's budget proposal before the legislature extends at least US$1 billion per year in funding for the next 20 years "providing the necessary resources to complete the project's initial operating segment." The authority noted in May there is active civil construction along 119 miles in the state's Central Valley. Transportation Secretary Sean Duffy said "Newsom and California's high-speed rail boondoggle are the definition of government incompetence and possibly corruption." Newsom responded on social media: "Won't be taking advice from the guy who can't keep planes in the sky." Voters approved US$10 billion for the project in 2008, but the costs have risen sharply. The Transportation Department under former President Joe Biden awarded the project about $4 billion. The entire San Francisco-to-Los Angeles project was initially supposed to be completed by 2020 for US$33 billion, but has now jumped from US$89 billion to US$128 billion. In 2021, Biden restored a US$929 million grant for California's high-speed rail that Trump had revoked in 2019 after the Republican president called the project a "disaster."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store