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Indonesia Ties Purchase of More U.S. Oil to Reduced Tariffs
Indonesia will buy billions of U.S. dollars worth of American oil and oil products if the U.S. tariffs on Indonesian goods are lowered, Indonesia’s Energy Minister Bahlil Lahadalia said on Monday. Indonesia could scrap plans to import energy commodities from the United States if the Trump Administration refuses to lower tariffs on Indonesian goods, Indonesian media reported. “If there’s no agreement, then there’s no deal. We’ll wait for the official decision from the chief economic minister,” Jakarta Globe quoted…