Trump says Indonesia to face 19% tariff, buy 50 Boeing jets in $19B trade deal

Jul. 15, 2025 11:50 PM ETProShares Short S&P500 ETF (SH), SPY, VOO, IVV, SDS, RSP, SSO, IDX, UPRO, SPXU, EIDO, SP500, BA StockBy: Preeti Singh, SA News Editor54 Comments
The busy port of Tanjung Perak (Tanjung Priok), the harbor of Jakarta, Indonesia

Leamus/iStock via Getty Images

Indonesia will face a 19% tariff on its exports to the U.S. under a new trade deal announced by President Donald Trump.

This is significantly below the 32% level the president earlier threatened. In return, Indonesia has agreed to remove all duties on

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