#Tariff Policy
Prabowo proposes bilateral trade pact with South Africa amid global tariff tensions
President Prabowo Subianto on Wednesday, October 22, 2025 urged his South African counterpart Cyril Ramaphosa to explore a bilateral trade agreement between the two BRICS partners, as Indonesia seeks to reduce its trade deficit amid growing global tariff uncertainties.
U.S. government shutdown halts Indonesia–U.S. trade tariff negotiations
Indonesia’s ongoing trade tariff negotiations with the United States have been temporarily suspended following the U.S. government shutdown, Coordinating Minister for Economic Affairs Airlangga Hartarto confirmed on Tuesday, October 7, 2025.
Indonesia confident EU will comply with WTO ruling on biodiesel tariffs
The Ministry of Trade is confident that the European Union (EU) will comply with the World Trade Organization (WTO) ruling on a dispute with Indonesia over countervailing duties imposed on its biodiesel exports.
U.S. agrees in principle to lift tariffs on Indonesian palm oil, cocoa, rubber
The United States has agreed in principle to exempt Indonesian palm oil, cocoa, and rubber from a 19 percent import tariff imposed under President Donald Trump’s trade measures earlier this month, said Coordinating Minister for the Economny Airlangga Hartarto on Tuesday, August 26, 2025.
Danantara poised to ink $8 B deal with U.S. firm KBR for modular refineries
State-owned investment holding Danantara is reportedly preparing to sign a massive $8 billion engineering, procurement, and construction (EPC) contract with U.S.-based engineering firm KBR Inc. to build 17 modular oil refineries across Indonesia, according to internal documents from the Coordinating Ministry for the Economy and sources with direct knowledge of the plan.
Government eyes win-win energy trade deal with U.S. following tariff agreement
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has vowed to ensure that the recently brokered trade agreement between President Prabowo Subianto and U.S. President Donald Trump would bring tangible benefits to Indonesia’s energy sector, particularly in securing strategic imports while exploring new export opportunities.
Garuda Indonesia eyes 50 Boeing jets as part of expanding U.S. trade pact
National flag carrier Garuda Indonesia is preparing to significantly expand its fleet, aligning with a high-profile trade agreement recently negotiated between President Prabowo Subianto and U.S. President Donald Trump.
Prabowo signals further talks on U.S. tariff deal, eyes 0 percent import duty
President Prabowo Subianto has indicated of the government’s plan to reopen negotiations with the United States to further reduce tariffs on Indonesian exports, following Washington’s recent decision to impose a 19 percent import duty on Indonesian goods.
Indonesia sees U.S. trade deal as golden opportunity for agriculture sector
Indonesia’s recent trade agreement with the United States, valued at US$4.5 billion, is being hailed as a major opportunity for the country’s agricultural sector, following the reduction of import tariffs on Indonesian products by Washington.
Freeport warns U.S.-China tariff tension may weigh on global copper demand
PT Freeport Indonesia (PTFI) has warned that the U.S. decision to increase import tariffs on Chinese goods could reduce global copper demand, citing China’s role as the world’s largest copper consumer.
U.S. tariff cut seen as investment opportunity for Indonesia: Trade Minister
Minister of Trade, Budi Santoso, has positively responded to the recent reduction in U.S. import tariffs for Indonesian goods, saying the move presents a major investment opportunity as factories in neighboring countries with higher tariffs may consider relocating their production to Indonesia.
Trump cuts Indonesia tariffs to 19%, in exchange for multibillion U.S. export goods
U.S. President Donald Trump on Tuesday, July 15, Washington time, announced a new trade deal with Indonesia, confirming that tariffs on Indonesian goods entering the United States would be set at 19 percent down from the previously threatened 32 percent, while U.S. exports to Indonesia will face no tariffs or trade barriers.