President Donald Trump announced further details of the trade deal between the United States and Indonesia brokered this month on Tuesday, ahead of a self-imposed Aug. 1 deadline that was imposed on U.

India’s talks with the US for an interim deal are in a limbo of sorts, given the lack of a significant breakthrough so far.

The tariff rate for goods imported into the U.S. from both the Philippines and Indonesia will be 19%, the president said.

President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were coming, while offering fresh details on planned duties on pharmaceuticals.

US President Donald Trump said he reached a deal with Indonesia, without providing any specifics of what is included in the accord. “Great deal, for everybody, just made with Indonesia. I dealt directly with with their highly respected President.

The deal means the U.S will lower Indonesia’s forthcoming August 1 tariff rate from its scheduled 32 percent rate down to 19 percent.

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

Bangladesh has offered to buy 25 jets from Boeing Co., using the recent US-Indonesia trade deal as a model, in hopes of persuading President Donald Trump to lower tariffs on the country.“We have made commitments that are maintainable for us.