President Trump said the agreement would partly walk back some of the steep tariffs he threatened on the country last week. Indonesia’s president called Mr. Trump a “tough negotiator.”

U.S. President Donald announced a trade agreement with Indonesia that would see Washington lower its tariff rates to 19% from a threatened 32%. The deal includes increased Indonesian purchases of U.S.

The president told reporters Indonesia had agreed to a 19 percent tariff rate on its exports to the U.S. The Indonesian government has yet to confirm the details of the deal.