Indonesia has agreed to eliminate tariffs on more than 99% of U.S. goods and scrap all non-tariff barriers facing American firms, while the U.S. will drop threatened tariffs on Indonesian products to 19% from 32%,

US President Donald Trump imposed a 19 per cent tariff on the Philippines after meeting with President Ferdinand Marcos Jr at the White House. He also lowered the tariffs on Indonesia from 32 per cent

The administration provided some insight into the terms that were agreed upon between Indonesia and the United States, hinting at how other vague and hastily negotiated deals may turn out.