President Donald Trump announced that the United States has reached a trade deal with Indonesia after threatening to impose a 32% tariff on the nation.
“Great deal, for everybody, just made with Indonesia,” Trump wrote on Truth Social. “I dealt directly with their highly respected President. DETAILS TO FOLLOW!!!”
Trump told reporters that the United States “made a deal with Indonesia. I spoke to their really great president…we have full access to Indonesia, everything. As you know, Indonesia is very strong on copper, but we have full access to everything, we will pay no tariffs.”
Indonesia is “going to pay 19%,” while the United States is “going to pay nothing. It’s a good deal for both parties,” Trump said, adding, “We will have full access into Indonesia, and we have a couple of those deals that are going to be announced.”
Trump noted that a similar deal with India is in the works.
Trump’s July 7 letter to the President of Indonesia explained that the threatened 32% tariff was “far less than what is needed to eliminate the Trade Deficit disparity we have with your Country.” The letter added that Indonesia would not be subject to tariffs if companies decided to manufacture products within the United States.
According to the Office of the U.S. Trade Representative, goods trade with Indonesia totaled an estimated $38.3 billion in 2024. “U.S. goods exports to Indonesia in 2024 were $10.2 billion, up 3.7 percent ($364 million) from 2023. U.S. goods imports from Indonesia totaled $28.1 billion in 2024, up 4.8 percent ($1.3 billion) from 2023,” the office says, adding that the U.S. good trade deficit with the country was “$17.9 billion in 2024, a 5.4 percent increase ($923 million) over 2023.”
