Indonesia plans to cut fuel imports from Singapore in favour of US as part of tariff negotiations

Indonesia could shift as much as 60 per cent of its total fuel imports from Singapore to the US in the early stages. -- PHOTO: AFP

JAKARTA (Reuters/Bloomberg): Indonesia plans to change the source of some of its fuel imports from Singapore to the United States as part of negotiations over steep tariffs, its energy minister has announced.

The US has imposed a 32 per cent tariff on Indonesian goods, but like with other countries, implementation has been paused until July to make room for negotiations.