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Reuters

Indonesia's U.S. tariff deal may fuel an instant noodle boom

Reuters · Current
Reuters
Reuters
Current

A new U.S.-Indonesia trade deal, announced in July could make Indomie even more affordable. With zero percent tariffs on U.S. imports, Indonesia's food industry and consumers could benefit from lower production costs for local instant noodle makers.

Breakdown
  • A trade deal has eliminated tariffs on U.S. wheat imports to Indonesia. 33s
  • The tariff removal is expected to lower costs for instant noodle producers like Indomie. 48s
  • Street food vendors and local consumers may benefit from cheaper noodles. 52s
  • Experts believe the policy could help Indonesia's food industry recover and compete globally. 1m 24s
  • Australia, Indonesia's main wheat supplier, still faces tariffs, increasing competition. 1m 58s
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