The US-China deal under negotiation is likely to bear similarities to the phase one trade agreement from Donald Trump's first term, according to a former senior official in that administration - offering clues to what the highly anticipated pact may look like just weeks before a trade truce between the two rival economies is set to expire.

President Trump said Tuesday that he had struck a trade agreement with Indonesia, calling it a “great deal for everybody” in a social media post.

Now, Indonesia has some great products, and they also have some very valuable earths and various other materials.