The US-Indonesia trade agreement is on the verge of collapse, with Washington accusing Jakarta of backtracking on the July terms—this will shake the mineral supply chain. The matter dates back to July, when the agreement was finalized, with US tariffs reduced from a threatening 32% to 19%, in exchange for Indonesia canceling 99% of tariffs on US goods. Recently, Indonesian officials confronted US trade representatives, stating that those binding terms were too harsh and infringed upon economic sovereignty, necessitating a renegotiation and re-framing.