Overview

• President Trump said the pact sets a 19 percent levy on Indonesian exports to the US while granting American goods tariff-free entry into Indonesia’s market.
• The deal follows a July 7 letter warning of a 32 percent “reciprocal” tariff effective August 1 if Indonesia failed to negotiate concessions.
• Neither the White House nor Indonesia’s economic affairs ministry has disclosed the agreement’s scope, timeline or sectoral coverage.
• Former vice minister Dino Patti Djalal reported that Indonesian government insiders expressed satisfaction, though Jakarta has issued no formal statement.
• This preliminary accord joins framework agreements reached with the UK and Vietnam and a temporary tariff truce with China under Trump’s reciprocal-trade campaign.