President Trump on Tuesday announced the United States reached a trade agreement with Indonesia. “This morning I finalized an important Deal with the Republic of Indonesia after speaking with their Highly Respected President Prabowo Subianto. This landmark Deal opens up Indonesia’s ENTIRE MARKET to the United States for the first time in History,” Trump announced. “Thank you to the People of Indonesia for your friendship and commitment to balancing our Trade Deficit. We will keep DELIVERING for the American People, and the People of Indonesia!” he added. "This morning I finalized an important Deal with the Republic of Indonesia… Thank you to the People of Indonesia for your friendship and commitment to balancing our Trade Deficit. We will keep DELIVERING for the American People, and the People of Indonesia!" – President Trump pic.twitter.com/RSLscrBNKJ — The White House (@WhiteHouse) July 15, 2025 More info from CNN: Hours after announcing the agreement on Truth Social, Trump told reporters that it calls for Indonesia to not charge any tariffs on American exports, while the US will impose a 19% tariff on Indonesian exports. In a subsequent post on Truth Social, he said the agreement was “finalized.” However, the Indonesian government had yet to make any similar announcements on its end, as of Tuesday afternoon. Trump also said Indonesia committed to buying “$15 Billion Dollars in U.S. Energy, $4.5 Billion Dollars in American Agricultural Products, and 50 Boeing Jets, many of them 777’s.” Before departing the White House to speak at a summit in Pittsburgh, the president said Indonesia is “known for high-quality copper, which we’ll be using.” That may mean that copper from the country could face lower tariffs, or no tariffs, if Trump proceeds with his threat to levy a 50% tax across all copper imports on August 1. While Indonesia shipped $20 million worth of copper to the US last year, according to US Commerce Department data, that’s far behind top suppliers Chile and Canada, which sent $6 billion and $4 billion worth of the metal to the US last year. “We have full access to Indonesia,” Trump told reporters, adding that the United States would “pay no tariffs.” “So they are giving us access into Indonesia, which we never had,” Trump continued. “They are going to pay 19%, and we are going to pay nothing,” he added. Check it out: .@POTUS on the trade deal with Indonesia: "We have FULL access to Indonesia…We will pay no tariffs. So they are giving us access into Indonesia, which we never had…They are going to pay 19%, and we are going to pay nothing." pic.twitter.com/5k08APUrnx — Trump War Room (@TrumpWarRoom) July 15, 2025 CNBC noted: If it comes to pass, the new tariff rate on Indonesian imports would show Trump pulling back on the 32% duty he had threatened to impose as recently as last week. Trump said in a brief social media post Tuesday morning that the agreement followed direct dealings with Indonesian President Prabowo Subianto. “I spoke to their really great president, very popular, very strong, smart, and we made the deal,” Trump said at the White House later in the day. Commerce Secretary Howard Lutnick suggested on CNBC’s “Halftime Report” on Tuesday afternoon that Indonesia would drop its tariffs on U.S. goods as part of the agreement. “No tariffs there. They pay tariffs here,” Lutnick said. The White House did not respond to CNBC’s requests for additional information about the purported deal with Indonesia. Indonesia is one of the United States’ top 25 trade partners, with the two countries trading more than $38 billion in goods in 2024, according to the Commerce Department. The U.S. trade deficit with Indonesia totaled $17.9 billion last year.