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Official: Indonesia's top negotiator will visit the U.S. Monday, ahead of the tariff deadline.

An official confirmed that Indonesia's senior economist Airlangga Hartarto will be visiting the United States Monday. She is the main negotiator for the country in the U.S. Tariff talks.

Airlangga, who is in Brazil with President Prabowo for the BRICS Conference, is then scheduled to travel to the United States to supervise tariff negotiations before the deadline of July 9, said Haryo LImanseto, a spokesperson for the Coordinating Ministry for Economic Affairs.

Jakarta offered to reduce duties on U.S. goods to almost zero. For smoother tariff talks, Jakarta has also offered U.S. investments in its essential minerals and offered more U.S. goods.

Indofood Director Franciscus Welirang said on Monday that a $34 billion deal was expected to be announced on Monday between Indonesian companies, including the state carrier Garuda, and U.S. counterparts. However, the exact date and time have not been revealed.

Indofood and other members of Indonesia’s wheat flour mills' association have agreed on a purchase of 2 million tons U.S. Wheat worth $500 million.

According to U.S. trade representative, the United States will be Indonesia's second-largest export market, after China. The value of goods exported to the United States by 2024 is expected to reach $28.1 billion. Last year, the Southeast Asian nation had a goods trade surplus of $17.9billion with the United States.

Sri Mulyani indrawati, Indonesia's Finance Minister, warned that U.S. Tariffs could reduce Indonesian growth potential by 0.3-0.5 percentage points. Indonesia's GDP forecast for 2025 has been revised downwards from an earlier target of 5,2% to a range between 4,7% and 5.0%. (Reporting and editing by Martin Petty, David Stanway, and Stefanno Sulaiman)

(source: Reuters)