Indonesian imports to U.S. to face 19% tariff: Trump

And despite hopes for 90 deals in 90 days as shared back in April the Trump administration has just sealed its third trade deal this time with Indonesia whose products into the U.S. market now face a 19-percent tariff.

Lee Seung-jae covers this latest deal and more.

U.S. President Donald Trump announced a trade deal with Indonesia on Tuesday, where Washington will impose 19 percent tariffs on goods coming in from the Southeast Asian nation.

American goods exported to Indonesia will face no tariffs or non-tariff barriers.

"We will pay no tariffs. So they are giving us access into Indonesia, which we never had. That's probably the biggest part of the deal. And the other part is they are going to pay 19% and we are going to pay nothing."

The announcement comes after Trump said he finalized the deal after speaking to his Indonesian counterpart President Prabowo Subianto.

Trump previously said he would impose a 32 percent reciprocal tariff on Indonesian goods.

Also as part of the latest trade deal with the U.S., Indonesia has committed to spending 15 billion dollars on U.S. energy, 4.5 billion dollars on American agricultural goods and 50 aircraft from Boeing.

Indonesia becomes the second Asian country to make a deal with the U.S. after Vietnam.

Meanwhile, the EU is preparing 83-point-5 billion U.S. dollars worth of retaliatory tariffs on American goods in response to Trump's tariff threats.

According to Politico on Monday, the European bloc listed American goods subject to tariffs by the 27-member states.

The newly added items include aircraft, industrial machinery and automobiles and auto parts.

However,.. the EU expressed its willingness to continue negotiations with the Trump administration, stressing that no retaliatory tariffs will be in place until August 1st.

"I can say to you that it is not our intention to come forward with any countermeasures before the 1st of August while negotiations continue."

EU's retaliatory tariffs are in response to Trump's warning last week, that if negotiations fail between the U.S. and the European bloc, Washington would impose a 30 percent reciprocal tariff starting next month.

Lee Seung-jae, Arirang News.