Report: Indonesia to propose minerals deal with the U.S.

Indonesia plans to propose a trade arrangement with the U.S. that would allow businesses in the country to benefit from U.S. electric vehicle tax credits, mirroring a deal on critical minerals reached last month between the U.S. and Japan, a senior Indonesian official said on Monday. Luhut Pandjaitan, Indonesia’s coordinating minister of maritime affairs and investment, told reporters in Jakarta that the country was preparing a proposal for a “limited FTA” with the U.S., according to an April 10 report...