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View all search resultsThe government is focusing on gathering data and evidence for its rebuttal strategy against the USTR's new Section 301 probes into unfair trade practices, which are racing toward a July deadline, when Washington's latest 10 percent tariff expires.
atifying the Agreement on Reciprocal Trade (ART) with the United States is not on the near-term agenda, a government spokesman has said, as Indonesia is prioritizing countering the new Section 301 probes launched last week by the US Trade Representative (USTR), which serves as a precursor to imposing duties against unfair trade practices.
Jakarta is setting up a dedicated panel to prepare legal arguments and data to rebut US allegations of forced labor and dumping by homegrown industries.
“We need to resolve [the trade probe] first, as the [US tariffs] are being called off, right? The [US side] is not currently moving, so we are not moving either,” Edi Prio Pambudi, deputy for coordination of international economic cooperation at the Office of the Coordinating Economy Minister, told reporters on Tuesday.
Read also: Indonesia still seeks to ratify ART despite US trade probes
The USTR's latest Section 301 probes comes after the US Supreme Court ruled that the tariffs imposed by President Donald Trump's administration under the International Emergency Economic Powers Act (IEEPA) last year were unconstitutional.
The court ruling on Feb. 20 effectively invalidated the legal basis for the US-Indonesia ART signed the previous day, which would set a 19 percent tariff on Indonesian goods once ratified.
Edi underlined that ratification of the bilateral deal could not proceed until the legal issues were resolved.
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