Trump announces Indonesia trade deal after threatening 32% tariffs

WASHINGTON — President Trump announced Tuesday that he has a preliminary trade deal with Indonesia — just a week after threatening a 32% tariff on the world’s fourth-most-populous nation.

“Great deal, for everybody, just made with Indonesia. I dealt directly with with their highly respected President. DETAILS TO FOLLOW!!!” Trump, 79, wrote on Truth Social.

President Trump speaking at the White House Faith Office Luncheon. — Trump announced that he had made a trade deal Indonesia after talking “directly with their highly respected President.” ZUMAPRESS.com

Workers prepare customers’ orders at the main rice market in Jakarta on July 9, 2025, as high tariffs make Indonesian products, including agricultural commodities, less competitive in the US market AFP via Getty Images

Trump previously announced deals in principle with the UK, China and Vietnam and a “roadmap” with India after launching a global trade war April 2 with his threat of “reciprocal” tariffs.

The president has focused on eliminating foreign nations’tariffs and other policies that restrict the sale of American-made goods and balancing US trade deficits with those countries.

Trump’s reciprocal levies are due to take effect Aug. 1 against countries that don’t make a deal.