Indonesia Offers to Cut Duties on US Goods, Buy $500 Million of Wheat in Tariff Talks

BUSINESS AND TRADE - JAKARTA. Indonesia has offered to cut duties on key imports from the United States to "near zero" and to buy $500 million worth of U.S. wheat as part of its tariff talks with Washington, its lead negotiator and a wheat industry association said on Friday.

Chief economics minister Airlangga Hartarto, who is Indonesia's lead negotiator, also confirmed that state carrier Garuda Indonesia would buy more Boeing planes as part of a $34 billion pact with U.S. partners due to be signed next week.

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