Indonesia Urged to Scrap Trump's Mineral Trade Win

February 23, 2026·1 day ago·via Asia Times

The Trump administration just finalized a blockbuster reciprocal trade deal with Indonesia, slashing tariffs on 99% of U.S. exports and unlocking access to critical minerals like nickel, cobalt, and rare earths for American supply chains. President Trump and Indonesian President Prabowo Subianto signed off, paving the way for $15 billion in U.S. energy sales, $13.5 billion in Boeing aircraft, and billions more in ag and mining deals, including Freeport-McMoRan's expanded Grasberg operations.