KONTAN.CO.ID - JAKARTA. The United States has removed tariffs for five Indonesian products under a privileged trade facility as part of ongoing trade negotiations between the two countries, Indonesian officials said. The office of the United States Trade Representative (USTR) has removed tariffs for five Indonesian products: laminated plywood, some thin plywood, dry onion, rattan handicrafts as well as artificial sugar, honey and caramel, Indonesian trade ministry said late on Tuesday. Those products have now become part of more than 3,500 others that get duty-free treatment under the Generalized System of Preferences, the ministry said, referring to a U.S. trade facility given to poor and developing economies.
U.S. removes tariffs for five Indonesian products
KONTAN.CO.ID - JAKARTA. The United States has removed tariffs for five Indonesian products under a privileged trade facility as part of ongoing trade negotiations between the two countries, Indonesian officials said. The office of the United States Trade Representative (USTR) has removed tariffs for five Indonesian products: laminated plywood, some thin plywood, dry onion, rattan handicrafts as well as artificial sugar, honey and caramel, Indonesian trade ministry said late on Tuesday. Those products have now become part of more than 3,500 others that get duty-free treatment under the Generalized System of Preferences, the ministry said, referring to a U.S. trade facility given to poor and developing economies.