The reciprocal tariff agreement between the US and Indonesia could lead to a trade imbalance and a deficit in the balance of payments.

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 will reject transshipments from other countries and remains committed to its new trade agreement with the United States, Trade Minister Budi Santoso

President Donald Trump said Tuesday the United States has reached a trade agreement with Indonesia. Getting to that was a grueling process, Indonesia’s President Prabowo Subianto said Wednesday.

A group of U.S. solar panel manufacturers asked the Commerce Department to impose anti-dumping and countervailing duties on imports from Indonesia, India and Laos, according to documents on an agency web site.

Trump in a Truth Social post called it "great deal, for everybody," and said it followed direct dealings with Indonesian President Prabowo Subianto.

JAKARTA (Reuters) - Indonesia said on Wednesday it had reached a trade deal with the United States after an "extraordinary struggle" in negotiations which resulted in a reduction of proposed U.S. tariff rates on the Southeast Asian country's exports to 19% from 32%.