#Trade
Govt sends Economic chief to Washington for talks over new U.S. tariffs
The government has taken swift diplomatic action following the latest trade policy shift by the United States under President Donald J. Trump, which imposes steep import tariffs on Indonesian goods.
Indonesia to finalize trade deals with EU, Eurasian Union by year-end
The government is targeting the completion of two major international trade agreements − the Indonesia-European Union Comprehensive Economic Partnership Agreement (I-EU CEPA) and the Indonesia-Eurasian Economic Union Free Trade Agreement (I-EAEU FTA) − by the end of this year.
RI-Japan strategic alignment on trade, investment, and OECD accession
Coordinating Minister for the Economy, Airlangga Hartarto, commended Japan’s strategic approach to navigating U.S trade tariffs, noting its relevance to Indonesia’s own negotiations with Washington during a bilateral meeting held in Paris, on Wednesday, June 4, 2025, Paris time.
Gold prices volatile amid U.S. fiscal concerns, geopolitical tensions: Analyst
Gold prices (XAU/USD) exhibited heightened volatility throughout the week, driven by escalating geopolitical tensions, shifting U.S. fiscal dynamics, and mixed economic data, an analyst says.
Easing of U.S.-China trade war brings mixed impact for Indonesia: Apindo
The Indonesian Employers Association (Apindo) sees the easing of trade tensions between China and the United States as having at least two major implications for Indonesia's economy.
RI–U.S. trade projected to soar to US$80 B following tariff negotiations: Kadin chief
Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Novyan Bakrie, has projected that trade between Indonesia and the United States could reach US$80 billion (Rp1.321 trillion) following successful negotiations on reciprocal tariffs.
Indonesia and Laos solar exports surge to U.S. as tariffs hit SE Asian rivals
Solar panel manufacturers in Indonesia and Laos − many of which are owned by Chinese companies − have been rapidly gaining market share in the United States, following Washington’s imposition of steep tariffs on imports from Vietnam, Malaysia, Thailand, and Cambodia.
Indonesia targets finalization of Eurasia FTA deal by mid-2025
Coordinating Minister for the Economy, Airlangga Hartarto, reveals that the government is targeting the completion of free trade agreement (FTA) negotiations with countries in the Eurasian region in the first half of this year, an initiative expected to be a new opportunity for exports amid the global trade war.
Indonesia seeks boost in U.S. oil&gas imports to ease trade tensions, balance deficit
State energy company PT Pertamina is awaiting the government's direction in regards with plan to increase oil and gas imports from the U.S. in an effort to balance the trade with Uncle Sam which is in deficit.
U.S. tariff policy deemed counterproductive, pressures rupiah, threatens exports
The increase in import tariffs by United States President Donald J. Trump against a number of trading partner countries is considered to have put great pressure on Indonesia's economic stability, having a direct impact on the rupiah exchange rate and national export performance, says a researcher.
Trump's policy triggers global trade restructuring, oil prices to plummet: Expert
The reciprocal tariff policy of United States President Donald J. Trump against a number of trading partner countries has the potential to trigger restructuring of international trade, which is anticipated to lead to global economic slowdown and a sharp decline in world oil prices and in particular affecting the Indonesian economy, says an expert.
Global economic landscape has changed completely: Sri Mulyani
Minister of Finance Sri Mulyani Indrawati expressed her concerns about the dynamics of the global economy triggered by the United States tariff policy.