Trump in a Truth Social post called it “great deal, for everybody,” and said it followed direct dealings with Indonesian President Prabowo Subianto.

President Trump said the agreement would partly walk back some of the steep tariffs he threatened on the country last week. Indonesia’s president called Mr. Trump a “tough negotiator.”

India deal similar to Indonesia's 19% tariff pact, sparking fears of an unfair trade setup. Experts call for clarity, parity and formal commitments.

Indonesia's central bank cut rates on Wednesday for the fourth time since September and said a revised tariff deal with the United States was positive for Southeast Asia's biggest economy amid weakening global trade and slowing domestic demand.

The 19 percent import tariff imposed by the US President Donald Trump administration on Indonesian goods is among the lowest for Asian countries, according to

The tariff would be collected from miners only when coal prices are high, with authorities potentially including it in the 2026 budget plan.