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Trump says he’s reached a trade agreement with Indonesia but offers no details

UNITED STATES, JUL 15 – Indonesia agreed to a 19% tariff on exports to the U.S. while granting full market access to American products, including commitments to buy $15 billion in energy and 50 Boeing jets.

  • On Tuesday, July 15, 2025, President Donald Trump announced that the United States had finalized a trade deal with Indonesia but did not provide any information about its terms or timing.
  • This announcement is Trump's fourth trade agreement declaration in three months, following a similar deal with Vietnam earlier that month, reflecting his promise to secure dozens of trade deals.
  • Trump stated he dealt directly with Indonesia's highly respected President and described the arrangement as a 'great deal, for everybody' on his social media platform.
  • Trump emphasized that companies can avoid trade policy headaches by relocating production to the United States, though experts note this shift could raise costs and take years to implement.
  • The absence of detailed information and inconsistent trade policies have stalled many companies, indicating that although deals are announced, their actual effects and execution remain unclear.
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FRESH NEWS broke the news in on Sunday, July 13, 2025.
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