Some of the U.S.’s minor trading partners are about to find out they’ll be facing tariffs of more than 10%, as President Donald Trump presses ahead with his effort to reshape global trade.

President Trump said Tuesday the U.S. has struck a trade deal with Indonesia, levying a smaller tariff on the country than initially proposed. Why it matters: It's the first deal struck with a country that received one of Trump's tariff letters last week.