AsianFin -- The United States has agreed in principle to exempt Indonesian exports of cocoa, palm oil, and rubber from the 19% tariffs imposed by President Donald Trump on August 7, Indonesia’s chief tariff negotiator said Tuesday.

The exemption will take effect once a final agreement is reached between the two countries, though no specific timeline has been set, as the U.S. is simultaneously engaged in tariff discussions with other trading partners, Airlangga Hartarto, who also serves as Indonesia’s chief economic minister, told Reuters.

Tariff discussions also included potential U.S. investment in fuel storage infrastructure in Indonesia, in collaboration with the country’s sovereign wealth fund, Danantara, and state energy company Pertamina, Airlangga added.

“We are waiting for their response, but during the meeting, basically, the principle of exemption has been agreed for products not produced in the U.S., such as palm oil, cocoa, and rubber … it will be zero or close to zero,” he said, signaling a breakthrough in negotiations.

The move offers relief for Indonesian exporters, who faced significant uncertainty following the sudden imposition of tariffs, and highlights ongoing efforts to strengthen U.S.-Indonesia trade relations amid global supply chain tensions.