Trump, Prabowo Finish Trade Deal Slashing Tariff Rate to 19%

President Donald Trump and Indonesian President Prabowo Subianto finalized a trade agreement Thursday, ending months of uncertainty with an accord that’s expected to lower US tariffs and see Jakarta facilitate the purchase of an estimated $33 billion in American goods.

The leaders “confirmed their strong commitment to implementing” the deal and instructed their teams to “take further steps for a NEW GOLDEN AGE of the ever-growing US-Indonesian Alliance” as they met on the sidelines of the Board of Peace’s inaugural meeting in Washington, according to a White House statement.