Indonesia’s president reaches a trade deal with US while in Washington for Trump’s Board of Peace

While in Washington D.C. for a Board of Peace meeting on February 19, 2026, the President of Indonesia reached a trade deal with the United States. The Board of Peace meeting was held at the U.S. Institute of Peace and included world leaders such as President Donald Trump, Vietnam’s Communist Party General Secretary To Lam, and Hungarian Prime Minister Viktor Orban. U.S. Secretary of State Marco Rubio also met with Indonesia’s Foreign Minister Sugiono at the U.S. Department of State on the same day. The details of the trade deal were not specified in the provided text.

Indonesia and the United States have finalized a reciprocal trade agreement, announced during President Prabowo Subianto's visit to Washington. Under the agreement, Indonesia will eliminate tariffs on 99% of American goods, while the US will maintain a 19% tariff on most Indonesian goods. Indonesia has also agreed to address non-tariff barriers and remove export restrictions on critical minerals and industrial commodities. The agreement aims to strengthen economic security and promote growth for both nations. In addition, Indonesian and US companies reached 11 deals worth $38.4 billion, covering sectors like agriculture, critical minerals, oilfield recovery, and computer chips.