Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.

Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the year ending in June, which marked a slowdown from 41% year-over-year growth in May. Under Trump, inflation has defied doomsday predictions and helped to propel sturdy economic performance.

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”.