Trump announced the pact with Indonesia, a relatively minor U.S. trading partner, as he continued to press for what he views as better terms with trading partners and ways to shrink a huge U.S. trade deficit.

President Donald Trump said Tuesday the United States has reached a trade agreement with Indonesia after speaking with the country’s President Prabowo Subianto.

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

President Trump has flagged that US tariffs on pharmaceutical imports are likely to kick in on Aug. 1, with duties on semiconductors also in line for implementation then too. “Probably at the end of the month,

The president told reporters Indonesia had agreed to a 19 percent tariff rate on its exports to the U.S. The Indonesian government has yet to confirm the details of the deal.

Indonesia's president said U.S. counterpart Donald Trump was a "tough negotiator" after the two countries reached a trade deal that led to a reduction of proposed tariff rates to 19% from 32%. The deal is among only a handful reached so far by the Trump administration ahead of an August 1 deadline for negotiations,

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

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.

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

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

Indonesia’s president confirmed he struck a tariff deal with the US after direct negotiations with President Donald Trump accelerated months of talks between officials of both countries.

European trade ministers were hopeful for a negotiated trade deal after Trump announced 30% tariffs on the European Union.