Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.

US President Donald Trump said he reached a deal with Indonesia, without providing any specifics of what is included in the accord. “Great deal, for everybody, just made with Indonesia. I dealt directly with with their highly respected President.

Trump in a Truth Social post called it “great deal, for everybody,” and said it followed direct dealings with Indonesian President Prabowo Subianto.

U.S. President Donald Trump said Tuesday that a trade deal with Indonesia was reached to set 19% tariffs on its U.S. exports.

The US President announced a list of updates concerning US trade tariffs on Tuesday, including a deal with Indonesia and his plans to gradually increase tariffs on pharmaceutical imports. View on euro

Major U.S. corporations and trading partners are scrambling to adapt to a new global economy, even as President Donald Trump mulls the imposition of historic tariffs in less than two weeks. Conagra Brands,

The new deal comes as the Southeast Asian country plans to buy 50 Boeing jets, according to US President Donald Trump.

According to Trump, the new deal will see U.S. goods enter Indonesia with no tariff or non-tariff barriers. Indonesia also agreed to purchase goods from the U.S., including USD 15 billion (EUR 12.8 billion) in U.S. energy, USD 4.5 billion (EUR 3.8 billion) in agricultural products, and 50 Boeing jets.

The U.S. will charge a 19% tariff on Indonesian products under the terms of a new trade deal, President Trump said. He said U.S. goods will enter Indonesia with no tariffs. “They’re paying 19% and we’re not paying anything,

Financial markets greeted US President Donald Trump’s tariff deal with Indonesia with little fanfare Wednesday, signaling the rate of around 20% that was once viewed as punitive is now seen as workable.