(NY Post)—President Trump announced Tuesday that he has a preliminary trade deal with Indonesia — just a week after threatening a 32% tariff on the world’s fourth-most-populous nation.
“They are going to pay 19% and we are going to pay nothing. I think it’s a good deal for both parties,” Trump told reporters on the White House lawn.
“I spoke to their really great president [Prabowo Subianto] — very popular, very strong, smart — and we made the deal.”
Trump said “they are giving us access into Indonesia, which we’ve never had. That’s probably the biggest part of the deal.”
The president also said the Southeast Asian nation “has some great products… one of the things, as you know, they’re known for is very high-quality copper, which we will be using.”
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