CNBC's Megan Cassella reports on President Donald Trump's announcement of a preliminary trade deal with Indonesia that will set a 19% tariff on the southeast Asian country’s U.S. exports.

Donald Trump has announced that Indonesia will pay a 19 per cent tariff on exports to the US after Washington and Jakarta agreed a trade deal. The US president said he had spoken to his Indonesian counterpart Prabowo Subianto, and that the deal with Jakarta will give the US “full access to Indonesia, everything”.

President Trump has taken an unconventional approach to trade negotiations by sending form letters to foreign leaders.

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President Donald Trump expanded his tariff threats over the weekend, calling for 30% levies on two of America’s largest trading partners: the European Union and Mexico.

Trump has repeatedly shifted his stance on tariffs since his “Liberation Day” announcement—earning him the nickname “TACO Trump.”

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