Details are still scarce on the agreement, which the president said will partly walk back some of the steep tariffs he threatened on the country last week.

President Donald Trump said Tuesday the United States has reached a trade agreement with Indonesia after speaking with the country’s President Prabowo Subianto.

Indonesia said on Wednesday it had reached a trade deal with the United States after an "extraordinary struggle" in negotiations which resulted in a reduction of proposed U.S. tariff rates on Indonesian goods to 19% from 32%.