Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.

US President Donald Trump has announced that the US has struck a new trade agreement with Indonesia, which includes the sale of 50 Boeing jets.

Indonesia's president said U.S. counterpart Donald Trump was a "tough negotiator" after the two countries reached a trade deal that led to a reduction of proposed tariff rates to 19% from 32%.

European trade ministers were hopeful for a negotiated trade deal after Trump announced 30% tariffs on the European Union.

Without a means of enforcing bilateral trade agreements, Trump could simply change the terms of any deal down the road. The answer is to kick the U.S. out of the World Trade Organization, argues professor Kristen Hopewell.

Ursula von der Leyen and Prabowo Subianto announced a "political agreement" to finalize a free trade deal amidst global trade disruptions. The agreement, under negotiation since 2016, aims to boost trade and investment between the EU and Indonesia.