Trump Secures Landmark U.S.-Indonesia Trade Deal Slashing Tariffs and Opening Markets

The United States and Indonesia have reached a major trade agreement that will eliminate tariffs on over 99% of U.S. goods exported to Indonesia and remove most non-tariff barriers, significantly boosting American access to the Indonesian market.

In return, Indonesia will face a 19% tariff on its exports to the U.S.—lower than the previously threatened 32%—and will lift export restrictions on critical minerals, benefiting U.S. industries. The deal also includes substantial Indonesian purchases of U.S. agricultural products and Boeing jets, with market access gains estimated at $50 billion. Both governments tout the agreement as a win for their economies, with expectations of increased exports, job growth, and strengthened bilateral ties.

However, some details remain under negotiation, and the deal is seen as part of a broader U.S. strategy to deepen trade ties in Southeast Asia while sidelining the EU.