Indonesia's president on Wednesday hailed a "new era" of trade relations with the United States, after Donald Trump said he would slash tariffs faced by Southeast Asia's biggest economy from 32 percent to 19 percent.

U.S. President Donald Trump said on Tuesday that a trade agreement with Vietnam was nearly complete. Trump told reporters at Joint Base Andrews near Washington that he could release details of the Vietnam trade agreement,

WASHINGTON: US President Donald Trump said Tuesday that he had struck a trade pact with Indonesia resulting in significant purchase commitments from the Southeast Asian country, following negotiations to avoid steeper tariffs.