China says U.S.-Indonesia trade cooperation should not jeopardize third party interests

China always believes that economic and trade cooperation between countries should not target any third party or harm the interests of any third party, a Foreign Ministry spokeswoman said Tuesday regarding the reciprocal trade agreement recently reached between the U.S. and Indonesia.

"China has always advocated that economic and trade cooperation between countries should be mutually beneficial and relevant cooperation should not target any third party or harm the interests of any third party," Mao Ning, the spokeswoman, said when asked for comment on the trade deal at a regular press briefing in Beijing.

Under the deal, Indonesia will cut trade barriers on more than 99 percent of U.S. goods entering Indonesia, and the United States will apply a 19-percent reciprocal tariff on imports from Indonesia, with certain products granted a zero percent rate.

The U.S. Customs and Border Protection (CBP) will halt collection of additional duties pursuant to the International Emergency Economic Powers Act (IEEPA) starting Tuesday, following a ruling by the U.S. Supreme Court on Feb 20.

The latest guidance involves additional ad valorem duties covered by seven executive orders signed from Feb 1, 2025 to Aug. 6, 2025, according to a bulletin issued by the U.S. CBP on Feb 22.

The U.S. Supreme Court ruled on Feb 20 that U.S. President Donald Trump's sweeping tariffs under IEEPA meant for use in national emergencies were illegal, officially striking down the global tariffs introduced since April.

In light of recent events, the additional ad valorem duties imposed pursuant to IEEPA shall no longer be in effect and, as soon as practicable, shall no longer be collected, the executive order said.

Trump authorized all executive departments and agencies to immediately take appropriate steps to terminate the collection of the additional ad valorem duties imposed under the IEEPA.

CBP has collected as much as 175 billion U.S. dollars in duties pursuant to the IEEPA, according to an estimate by Penn-Wharton Budget Model.

Meanwhile, the Trump administration is scheduled to impose an additional 15 percent tariff on imported goods from all countries starting Tuesday, according to a White House proclamation and one of Trump's social media posts on Saturday.

Section 122 of the Trade Act of 1974 allows the president to impose duties of up to 15 percent for up to 150 days on any and all countries to address "large and serious" balance of payments issues. After 150 days, Congress would need to approve their extension.