Washington: U.S. President Donald Trump on Tuesday unveiled a trade agreement with Indonesia, which will see the United States imposing 19 percent tariffs on Indonesian goods. In contrast, American exports to Indonesia will face no tariff or non-tariff barriers.

According to Yonhap News Agency, Trump publicized the completion of the deal through a social media post, highlighting his discussions with Indonesian President Prabowo Subianto earlier that morning. This development followed Trump's earlier proposition of imposing 32 percent "reciprocal" tariffs on Indonesian imports.

In his announcement on Truth Social, Trump stated, "Indonesia will pay the United States a 19 percent Tariff on all Goods they export to us, while U.S. Exports to Indonesia are to be Tariff and Non Tariff Barrier FREE." He further noted that any transshipment from countries with higher tariffs would result in additional charges on Indonesian goods.

Trump emphasized that this agreement grants the U.S. unprecedented access to Indonesia's market. As part of the agreement, Indonesia has pledged to procure US$15 billion in U.S. energy, $4.5 billion in American agricultural products, and 50 Boeing jets, including many Boeing 777 aircraft.

The deal marks a significant milestone, granting American ranchers, farmers, and fishermen complete access to the Indonesian market, which comprises over 280 million consumers. Indonesia becomes the second Asian nation to formalize a trade deal with the U.S. following Vietnam.

Meanwhile, South Korea is actively working to negotiate a similar agreement with the Trump administration, aiming to secure exemptions from proposed 25 percent "reciprocal" tariffs and sectoral tariffs on steel, aluminum, and automobiles. Trump has warned of implementing these tariffs on South Korean goods starting August 1.