Indonesia Says It Seeks to Complete US Trade Talks in 60 Days

Indonesia and the US agreed to try to complete negotiations on trade and investment partnerships in 60 days, Coordinating Economic Minister Airlangga Hartarto said, as the Southeast Asian nation seeks to avert higher tariffs on its exports to the world’s biggest economy.

Indonesia expects 20 of its main exports to the US, including textiles, furniture and shrimp, can be given balanced tariffs no higher than competitor countries, Hartarto said in an online briefing from the US on Friday morning, Jakarta time.

Airlangga Hartarto

Photographer: Christopher Pike/Bloomberg

In turn, Indonesia is offering cooperation in access to critical minerals, along with simplified procedures on imports of ...