US President Donald Trump announced on Tuesday that he had reached a new trade agreement with Indonesia, though he offered no details about the deal.
The declaration comes just a week after he threatened to impose a 32% tariff on Indonesian goods starting August 1.
“Great deal, for everybody, just made with Indonesia,” Trump posted on his Truth Social platform, claiming he negotiated the agreement directly with Indonesia’s president. “DETAILS TO FOLLOW!!!” he added.
The announcement adds to growing pressure on the Trump administration to deliver trade wins after numerous threats of steep tariffs. So far, formal agreements have only been unveiled with the UK, Vietnam, and a temporary easing of tariffs with China.
Indonesia had been facing the threat of increased tariffs since April, when Trump imposed a blanket 10% duty on nearly all trading partners and hinted at further hikes. Though the 32% rate for Indonesia had been set to take effect July 9, the White House postponed implementation to August 1.
Despite the new deal, the exact terms remain unclear. Dino Patti Djalal, Indonesia’s former vice minister for foreign affairs, said at a Foreign Policy event on Tuesday that while no official details were available, government insiders were “happy” with the outcome and further announcements were expected soon.
Since early July, Trump has issued over 20 letters to global trading partners—including the EU, Japan, South Korea, and Malaysia—specifying the tariff rates they would face in August.
Even Canada and Mexico, initially excluded from Trump’s “reciprocal” tariff agenda, have received revised tariff notifications. However, exemptions under the North American trade agreement are expected to stay intact.
Analysts caution that the success of Trump’s tariff-centric trade policy hinges on securing concrete agreements. Without them, the American public might view the tariffs as punitive rather than productive.
“In the public’s mind, the tariffs are the pain, and the agreements will be the gain,” said William Reinsch, a senior adviser at the Center for Strategic and International Studies. “If there are no agreements, people will conclude his strategy was flawed.”