#International Trade
RI holds off on additional fuel imports due to pending U.S. negotiations: Bahlil
Indonesia is delaying plans to escalate fuel imports until negotiations with the United States are concluded, Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia confirmed last week.
Phytosanitary, import duty issues threaten MSME exports
The phytosanitary policy imposed by the Quarantine and Customs Office is considered sudden and not well socialized to exporters as it has hampered delivery of export goods, resulting in the accumulation of containers at ports and airports.
Indonesia asks IMF to reinforce global trade amid rising tensions
Governor of the Indonesian Central Bank (BI) Perry Warjiyo has called for a stronger role by the International Monetary Fund (IMF) in safeguarding global economic stability in the face of rising trade tensions and protectionist policies, particularly from major economies such as the United States.
Government's trade strategy in the spotlight as current account deficit may widen
The International Monetary Fund (IMF) has projected that Indonesia's current account deficit will widen to 1.5 percent of Gross Domestic Product (GDP) in 2025 and increase to 1.6 percent in 2026, signaling a weakening trend in the country's external resilience amid the government's strategy of increasing imports from the United States in order to ease President Donald Trump's trade tariffs.
Indonesia and Qatar set up US$4 billion joint investment fund
Indonesia and the Qatar Investment Authority (QIA) have agreed to establish a US$4 billion joint investment fund as a direct result of President Prabowo Subianto’s recent visit to Qatar.
Indonesia affirms neutrality in U.S.-China trade war, chooses diplomacy path
The government has affirmed its commitment to maintaining balanced trade relations with all international partners, including the United States and China.
Trump's tariff policy shakes global trading system, but has low impact on Indonesia: OJK
The Financial Services Authority (OJK) says the reciprocal tariff policy announced by United States President Donald J. Trump on April 2, 2025 will fundamentally change the global trading system, which has so far been based on the multilateral principles of the World Trade Organization (WTO).
Bahlil says Indonesia responds calmly to U.S. tariff policy
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has downplayed concerns over U.S. President Donald Trump’s tariff policy, emphasizing that it is merely a matter of trade politics and not something to be overly worried about.
Indonesia, ASEAN strategize to tackle U.S. tariff hike, boost agricultural imports
Coordinating Minister for the Economy, Airlangga Hartarto, has hinted at Indonesia's strategic approach to the recent increase in U.S. tariffs under President Donald Trump’s administration, citing measures to enhance agricultural imports from the U.S. to balance the trade deficit and strengthen bilateral relations.
Indonesia eyes for negotiation, strategic adjustments against U.S. import tariff hike
Indonesia is preparing an official response to the United States' recent tariff hikes, with a focus on negotiations and strategic policy adjustments, Coordinating Minister for the Economy Airlangga Hartarto announced on Monday, April 7, 2025.
Indonesia opts for diplomacy to negotiate on U.S. import tariff policy
President Prabowo Subianto has opted to pursue for diplomatic settlement against the 32-percent import tariff imposed by the United States on Indonesia, instead of retaliating with a similar policy.
Indonesian exports threatened as Trump raises import tariffs again: Expert
United States President Donald J. Trump has continued shaking up the world of international trade with an aggressive new import tariff policy, including Indonesia which is subject to tariff increases by up to 32 percent for a number of major export products.