More deals from the dealmaker…
President Trump announced on Tuesday that his administration has finalized a trade deal with Indonesia.
“We made a deal with Indonesia. I spoke to their really great president, very popular, very strong, smart, and we made the deal. We have full access to Indonesia, everything,” Trump told reporters at the White House. “As you know, Indonesia is very strong on copper, but we have all full access to everything, we will pay no tariffs, so they are giving us access into Indonesia, which we’ve ever had.”
Watch Trump’s comments outside the White House:
.@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
Trump shared the news and details of the deal on TRUTH Social:
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. As part of the Agreement, Indonesia has committed to purchasing $15 Billion Dollars in U.S. Energy, $4.5 Billion Dollars in American Agricultural Products, and 50 Boeing Jets, many of them 777’s. For the first time ever, our Ranchers, Farmers, and Fishermen will have Complete and Total Access to the Indonesian Market of over 280 million people. In addition, Indonesia will pay the United States a 19% Tariff on all Goods they export to us, while U.S. Exports to Indonesia are to be Tariff and Non Tariff Barrier FREE. If there is any Transshipment from a higher Tariff Country, then that Tariff will be added on to the Tariff that Indonesia is paying. 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!
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.
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Author: Lord Staff
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