Tariffs

Trump Announces Trade Deal With Indonesia

The United States maintains a $17.9 billion goods trade deficit with Indonesia.
Trump Announces Trade Deal With Indonesia
President Donald Trump walks into the White House on July 13, 2025. Tasos Katopodis/Getty Images
Andrew Moran
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The United States and Indonesia have reached a trade agreement, President Donald Trump announced on social media.

“Great deal, for everybody, just made with Indonesia. I dealt directly with their highly respected President,” Trump said in a July 15 post on Truth Social.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."