Trade Expo Indonesia 2023 Books US$4.9bn in Transactions on First Day
Jakarta, 20 October 2023 – The Indonesian Trade Ministry stated that the 38th Trade Expo Indonesia (TEI) recorded US$4.9 billion in transactions on its first day, with 99 trade deals signed. India contributed the largest transaction value of US$3.3 billion. Deputy Trade Minister Jerry Sambuaga witnessed the signing…
Indonesia’s Textile and Clothing Export Predicted to Drop by 10 pct
JAKARTA, March 27 – Indonesia’s textile and apparel export is forecast to decline by 10 percent from $12 billion in 2022 to around $11 billion this year, according to the Indonesian Fiber and Filament Yarn Producers Association or APSyFI. The association attributed the declining exports…
Trade War: US, China Reach ‘Historic and Enforceable’ Phase One Deal
Source: South China Morning Post, December 13 2019 China and the United States have made a breakthrough in trade negotiations, with a consensus agreement reached for a phase one deal that will halt further tariff increases and lower some already in place, vice-minister of commerce…
Trump says trade talks still planned for September after China tariffs go into effect
The umpth round of tariffs went into effect early Sunday as well as trade talks with Beijing President Donald Trump said trade talks with Beijing are still planned for September after a new round of tariffs went into effect on Sunday. “We are talking to…