VanEck Indonesia Index ETF

IDX

Market cap $37.3M

Among APAC equity markets, Australia has a higher beta to oil prices while India, Indonesia and Thailand have lower betas. Domestic political uncertainties have been one main reason for the decoupling trend seen in Indonesia and Thailand.

The U.S. and Indonesia agreed to the framework of a trade agreement, the White House said in a joint statement. Jakarta will drop almost all tariffs on U.S. goods, while imports to the U.S. from Indonesia will be set at 19%, according to the statement.

CNBC's Eamon Javers joins 'Closing Bell Overtime' to talk the latest on trade talks between the White House and Indonesia.

CNBC's Eamon Javers reports on news regarding the White House's trade policy.

The Trump administration announced details on its trade framework with Indonesia, although key specifics about how the U.S. will apply tariffs to goods from that nation remain unclear.

July 22 (Reuters) - Indonesia will drop tariffs to zero on more than 99% of its trade with the United States and will also eliminate all non-tariff barriers for American goods in a deal that cuts threatened U.S. tariffs on Indonesian products to 19% from an initial 32%, a senior Trump administration official said on Tuesday.

CNBC's Megan Cassella reports on President Donald Trump's announcement of a preliminary trade deal with Indonesia that will set a 19% tariff on the southeast Asian country's U.S. exports.

CNBC's Megan Cassella joins 'The Exchange' to give the latest on Trump's ongoing trade deals.

The VanEck Indonesia ETF has been around for a longer tenure than the iShares MSCI Indonesia ETF, but has a much lower AUM. We explore how IDX may be poorly positioned relative to EIDO. Indonesia offers a relatively stable GDP backdrop, backed by a new regime that wants to improve the nation's growth prospects.

EIDO: Indonesia Well-Positioned For 2025 Recovery