TMTPOST -- U.S. President Donald Trump on Tuesday floated more deals   that   could   be made after he announced   a trade pact with   Indonesia.

Credit：China Central Television

"We ’ re working on probably five or six, five or   six   [ trade deals ] ,   I'm not sure I really want to do them,"   Trump   told reporters when asked how   many   more deals   would   come   before   the   August 1   deadline   for reciprocal tariffs.  

Trump   continued that his administration   could reach two or three of the   deals   by   the deadline. "You know, you want somebody that knows how to negotiate, but we'll probably have two or three. You know, we insist on opening up the country, which is a big deal,"   he said.

Earlier   Tuesday, Trump said he   reached a trade deal   with   Indonesia that will charge   a 19% tariff   on   the Southeast Asian   economy, and stressed   the United States   exports   will be offered unprecedented   access.   "We will pay no tariffs. So they are giving us access into Indonesia, which we never had," Trump spoke with   reporters outside the White House.    "That ’ s probably the biggest part of the deal. And the other part is they are going to pay 19%," he said.

In a subsequent   post on his social   media platform   Truth   Social, Trump said   Indonesia will pay the   U.S. a 19% tariff   on   all goods exported to the U.S., while   U.S.   exports to   the country "are   to be Tariff and Non   Tariff   Barrier   FREE."   "If there is any Transshipment from a higher Tariff Country, then that Tariff will be added on to the Tariff that Indonesia is paying,"   he added.  

Trump   in the post   revealed he finalized the deal   after speaking with Indonesia ’ s   president   Prabowo Subianto, and Jakarta   agreed to open up its   "entire   market"   to   the U.S.   "This landmark Deal opens up Indonesia ’ s ENTIRE MARKET to the United States for the first time in History,"   Trump wrote   in the post.

As part of the deal,   Indonesia   "has committed to purchasing $15 Billion Dollars in U.S. Energy, $4.5 Billion Dollars in American Agricultural Products, and 50 Boeing Jets, many of them 777 ′ s," Trump said   in the post. He   touted the   full access   to the Indonesian   market that the U.S. farmers   will enjoy.   "For the first time ever, our Ranchers, Farmers, and Fishermen will have Complete and Total Access to the Indonesian Market of over 280 million people,"   the   president   said.

The Indonesian government   has not confirmed the aforementioned trade deal   yet. If   it is   accurate,   Indonesia would become the first trading   partner   receiving the Trump   administration ’ s cut in planned tariffs   through   trade   negotiations   by August   1. The 19% tariffs are inevitably lower than those Trump threatened last week.

Trump on July 7 shared screenshots of form letters to the leaders of 14 countries, dictating new reciprocal   tariffs starting August   1. Trump notified them of 25% tariffs on all the imports from Japan, South Korea, Kazakhstan, Malaysia and Tunisia, 30% tariffs on imports from South Africa and Bosnia and Herzegovina, 32% tariffs on Indonesia, 35% tariffs on Bangladesh and Serbia, 36% tariffs on Thailand and Cambodia, 40% tariffs on Laos and Myanmar. The 36%   tariff rate was higher than the current baseline 10% level   and the same with the reciprocal tariffs   for Indonesia   Trump   announced on   April 2,   a date the president   proclaimed   "Liberation Day".

Trump on July 7   also   signed   an executive order, delaying   the   tariff deadline on July 9,Wednesday, to August   1. That order effectively won more time for U.S.   trade negotiations   with trading partners.   In the aforementioned letters, Trump said he would consider "an adjustment"   to the letter if the countries cooperate. "These Tariffs may be modified, upward or downward, depending on our relationship with your Country,"   the president wrote.

Indonesia is one   of   the world ’ s major   copper producers. It   is not clear   how   the trade deal Trump revealed on Tuesday   will affect   the   upcoming copper tariffs. Trump on July 9 said he would   impose a 50%   tariff on all   copper   imports   into the United States, effective August   1.