Workers prepare customers’ orders at the main rice market in Jakarta on July 9, 2025.
Bay Ismoyo | AFP | Getty Images
President Donald Trump on Tuesday said he has reached a deal with Indonesia, a week after he threatened to slap a 32% tariff on the southeast Asian country’s U.S. exports.
Trump in a Truth Social post called it “great deal, for everybody,” and said it followed direct dealings with Indonesian President Prabowo Subianto.
He provided no other information about the purported deal, but said details would follow.
Indonesia is one of the United States’ top 25 trade partners, with the two countries trading more than $38 billion in goods in 2024, according to the Commerce Department. The U.S. trade deficit with Indonesia totaled $17.9 billion last year.
Trump’s post on Indonesia closely resembles his July 2 announcement that the U.S. reached a trade deal with Vietnam.
Trump’s initial message about Vietnam was also short on details, though he declared in a follow-up post that the terms included a 20% tariff on Vietnamese imports.
Vietnamese officials were reportedly surprised about Trump’s description of their preliminary deal with the U.S.. As of July 10, the Vietnamese government still has not formally accepted part of the deal Trump touted, Politico reported.
The White House did not immediately respond to CNBC’s request for additional information about the purported deal with Indonesia.
This is developing news. Please check back for updates.