Chief Financial Minister Airlangga Hartarto stated in a press release that Indonesia would pursue diplomacy and negotiations to search out mutually helpful options after Donald Trump introduced sweeping international tariff. File
| Picture Credit score: Instagram/airlanggahartarto_official
Indonesia won’t retaliate in opposition to U.S. President Donald Trump‘s 32% commerce tariff on Southeast Asia’s largest economic system, its senior Financial Minister stated on Sunday (April 6, 2025) within the authorities’s first response to the levy.
Chief Financial Minister Airlangga Hartarto stated in a press release that Indonesia would pursue diplomacy and negotiations to search out mutually helpful options after Mr. Trump introduced sweeping international tariffs on Wednesday (April 2, 2025).
“The method was taken by contemplating the long-term curiosity of bilateral commerce relation, in addition to to take care of the funding local weather and nationwide financial stability,” Mr. Airlangga stated, including that Jakarta will help doubtlessly impacted sectors, equivalent to attire and footwear business.
Mr. Trump’s tariff on Indonesia, one in all six hard-hit Southeast Asian nations, is ready to take impact on Wednesday (April 9, 2025).
The Indonesian authorities will collect inputs from companies on Monday (April 7, 2025) to assist formulate a method to deal with the U.S. tariff, and can discover methods to extend commerce with European nations as a substitute for the U.S. and China, Mr. Airlangga stated.
Jakarta has stated it will ship a high-level delegation to the U.S. for direct negotiations with the federal government.
Indonesia posted a $16.8 billion commerce surplus final 12 months with the U.S., which was its third-biggest export vacation spot, receiving shipments value $26.3 billion in 2024, in accordance with Indonesian authorities knowledge.
Indonesia’s important exports to the U.S. embrace electronics, attire and clothes, and footwear.
Revealed – April 06, 2025 05:31 pm IST
