Jakarta, July 19 -- President Prabowo Subianto recently announced a new trade tariff agreement between Indonesia and the US, which he lauded as "a new era of mutual benefit between the two great nations."

On his Instagram account, Prabowo posted a photo of himself in a phone conversation with US President Donald Trump, hours after Trump announced his decision to lower tariffs on Indonesian goods entering the US from 32 percent to 19 percent.

In contrast, US exports to Indonesia will be exempt from tariff and non-tariff barriers, which was implied by Trump's declaration that the agreement was a "landmark deal" that opens Indonesia's entire market to the US.

Indonesia has also agreed to apply the 19 percent tariff to any transshipments f...