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22:09 GMT
WASHINGTON, July 15 (KUNA) -- "This morning I finalized an important deal with the Republic of Indonesia after speaking with their Highly Respected President Prabowo Subianto," US President Donald Trump said Tuesday.
"This landmark Deal opens up Indonesia's entire market to the United States for the first time in History," Trump said in a post at social media Truthsocial.
"As part of the Agreement, Indonesia has committed to purchasing USD 15 Billion Dollars in US Energy, USD 4.5 Billion Dollars in American Agricultural Products, and 50 Boeing Jets, many of them 777's.
For the first time ever, our Ranchers, Farmers, and Fishermen will have Complete and Total Access to the Indonesian Market of over 280 million people," Trump added.
"In addition, Indonesia will pay the United States a 19 percent tariff on all Goods they export to us, while US Exports to Indonesia are to be Tariff and Non Tariff Barrier FREE.
If there is any Transshipment from a higher Tariff Country, then that Tariff will be added on to the Tariff that Indonesia is paying.
Thank you to the People of Indonesia for your friendship and commitment to balancing our Trade Deficit.
We will keep DELIVERING for the American People, and the People of Indonesia," Trump said. (end)
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