New Delhi, July 16 -- US President Donald Trump on Tuesday revealed a new trade agreement with Indonesia that includes a 19% tariff on Indonesian goods entering the United States, part of a broader push by the administration to renegotiate trade deals and slash the US trade deficit. The deal also includes significant commitments from Indonesia to purchase American goods, according to Trump.

"Indonesia will pay the United States a 19% Tariff on all Goods they export to us, while U.S. Exports to Indonesia are to be Tariff and Non Tariff Barrier FREE," Trump wrote on Truth Social, adding that the US would gain full access to Indonesian markets. He claimed on Truth Social that Indonesia had agreed to purchase $15 billion in US energy product...