President Donald Trump and Indonesian President Prabowo Subianto finalized a trade agreement Thursday, ending months of uncertainty with an accord that’s expected to lower US tariffs and see Jakarta facilitate the purchase of an estimated $33 billion in American goods.

Trump has praised Prabowo for his commitment to contribute up to 8,000 or more soldiers to the Gaza security force.

US President Donald Trump and Indonesian President Prabowo Subianto finalized a trade agreement on February 19, a deal that is expected to allow Indonesia to avoid the threatened 32% tariffs and instead face a 19% rate for most goods.

The U.S. trade deficit narrowed from $904 billion in 2024 to about $901 billion last year, still the third-highest deficit on record, the Commerce Department reported.