US President Donald Trump said Indonesia will eliminate tariffs on 99% of US industrial, tech, and agricultural goods, while the US will impose a 19% tariff on Indonesian imports, Trump posted on his Truth Social account on Wednesday.
Trump said the US will sell American-made goods to Indonesia at a tariff rate of zero, calling it a "HUGE WIN" for automakers, tech companies, workers, farmers, ranchers, and manufacturers.
Under the deal, Indonesia will supply the US with critical minerals and sign large deals to buy Boeing aircraft, US farm products, and energy.
Further details are expected to be finalized in the coming weeks.
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