The White House has announced a trade agreement with Indonesia
President Donald Trump stands with other World leaders before a Board of Peace meeting at the U.S. Institute of Peace, Thursday, Feb. 19, 2026, in Washington. (AP Photo/Mark Schiefelbein)
By DIDI TANG, NINIEK KARMINI and ANIRUDDHA GHOSAL – Associated Press
Updated 13 hours ago
WASHINGTON (AP) — The White House announced a reciprocal trade agreement with Indonesia on Thursday while President Prabowo Subianto was in Washington to attend the first meeting of President Donald Trump's Board of Peace.
Under the agreement, Southeast Asia’s largest economy will eliminate tariffs for 99% of American goods while the U.S. will maintain tariffs on most Indonesian goods at 19%, the White House said. That is the same rate the U.S. has set for Cambodia and Malaysia. Indonesia also agreed to address non-tariff barriers to U.S. goods and to remove restrictions on exports to the U.S. for critical minerals and other industrial commodities, the White House said.
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Critical minerals play into Indonesia deal
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