President Trump declared a new tariff agreement with Indonesia, significantly lowering threatened tariffs on Indonesian goods entering the US.
In exchange for reduced tariffs, Indonesia granted American companies what Trump described as complete access to their market.
While details remain unconfirmed by Indonesia, this deal follows a series of trade negotiations initiated by the White House earlier this year.
The agreement includes Indonesian purchases of substantial amounts of US energy, agricultural products, and Boeing aircraft, bolstering US exports.
