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View all search resultsUS customs duty collections surged again in June as President Donald Trump's tariffs gained steam, topping $100 billion for the first time during a fiscal year and helping to produce a surprise $27 billion budget surplus for the month, the Treasury Department reported on Friday.
1 day agoThe government says it remains in negotiations to secure a trade deal with Washington before the Aug. 1 deadline. ...
2 days agoTrump this week began issuing letters to many US trading partners as he ramps up pressure for more favorable trade deals. ...
2 days agoUS Health Secretary Robert F. Kennedy Jr. and FDA Commissioner Marty Makary said on Tuesday that the agency plans to remove synthetic food dyes from the US food supply by revoking authorizations of some and working with industry to voluntarily remove others.
2 months agoThe tariffs on companies from Cambodia, Thailand, Malaysia and Vietnam will still need to be ratified at a meeting of the International Trade Commission in June.
2 months agoThe guarantees, aimed at easing investor concerns over the megaproject’s execution and continuity, will be issued jointly by the Finance Ministry and PT Penjaminan Infrastruktur Indonesia (PT PII), the ministry’s infrastructure guarantee vehicle.
2 months agoThe body noted that the auction process, management handover and subsequent implementation of construction work would soon take place.
2 months agoCompanies have to submit a due diligence statement annually, rather than for each shipment or batch of goods placed on the EU market, the Commission said in rule changes published late on Tuesday in response to industry demands.
2 months agoBeijing has also asked that Chinese carriers halt any purchases of aircraft-related equipment and parts from US companies, the Bloomberg report said.
2 months agoPublic Works Minister Dody Hanggodo said the government would lift a temporary freeze on funding for national strategic projects, including those earmarked for the future capital city Nusantara in East Kalimantan.
2 months agoThe move came as retaliatory Chinese import tariffs of 125 percent on US goods took effect Saturday, with Beijing standing defiant against its biggest trade partner.
3 months agoThe marketing and sale of iPhone 16 models was prohibited by the government in October over Apple’s failure to meet regulation requiring that 40 percent of smartphone components be made from local parts.
3 months agoThe National Food Agency (Bapanas) has defended President Prabowo Subianto’s instruction to remove import quotas, arguing the move will not hurt domestic producers.
3 months agoIndustry groups are pressing the government to delay increasing mining royalties this month as planned, regardless of the pause in US tariffs, underlining the persistent global uncertainty and already burdensome domestic rules for miners.
3 months agoThe housing ministry has introduced a new regulation to be issued on April 21 that expands the maximum income threshold for individuals and couples eligible for the government's subsidized homeownership program, so residents in major cities also have access to affordable homes.
3 months agoIn their meeting on Wednesday, just before the Trump administration reversed course on its sweeping tariff policy, the senior economic minister and the US ambassador spoke of constructive cooperation as a way forward in bilateral trade talks.
3 months agoThe government appears in disarray over details on planned changes.
3 months agoThe approval will come on the day that Trump's "reciprocal" tariffs on the EU and dozens of countries took effect, including massive 104 percent duties on China, extending his tariff onslaught and spurring more widespread selling across financial markets.
3 months agoFollowing the sweeping 10 percent tariffs that took effect over the weekend, rates on imports to the United States from exporters like the European Union or Japan rose further at 12.01 a.m. Wednesday.
3 months agoThe government is forming a management body for carrying out seawall projects to tackle land subsidence along the northern coast of Java, Deputy Public Works Minister Diana Kusumastuti has said.
3 months agoPresident Prabowo Subianto has ordered the government to extensively cut back business regulations, including local content requirements and import restrictions, a day before the United States is set to slap steep import tariffs on Indonesian goods.
3 months agoLocal manufacturers have highlighted an urgent need for measures to protect the domestic market in anticipation of a potential influx of displaced imports as a result of US tariffs, especially following an unexpected downturn in demand over Idul Fitri.
3 months agoThe government has vowed to import more goods from the United States to gain leverage in bilateral negotiations and ease tariffs introduced by US President Donald Trump.
3 months agoPresidential spokesman Hasan Nasbi said on Thursday that President Prabowo's administration has prepared strategies to maintain the stability of the domestic economy amid Trump's tariffs, including the free nutritious meal program.
3 months agoCoordinating Economic Affairs Minister Airlangga Hartarto said in a statement that Indonesia would pursue diplomacy and negotiations to find mutually beneficial solutions after Trump announced sweeping global tariffs on Wednesday.
3 months agoThe initial 10 percent "baseline" tariff paid by US importers took effect at US seaports, airports and customs warehouses at 12:01 a.m. ET (0401 GMT), ushering in Trump's full rejection of the post-World War Two system of mutually agreed tariff rates.
3 months agoPresident Prabowo Subianto has instructed his cabinet to deregulate and remove “restricting regulations” particularly with regard to nontariff barriers.
3 months agoOnly 12.34 million taxpayers submitted their tax returns before this year's April 1 deadline. The figure falls short of last year’s 12.7 million tax return submissions under a similar deadline.
3 months agoThe steeper additional tariffs impact major US trading partners, with the European Union facing a 20 percent rate and China a 34 percent figure.
3 months agoThe "reciprocal" tariffs, Trump said, were a response to duties and other non-tariff barriers put on US goods. He argued that the new levies will boost manufacturing jobs at home.
3 months agoThe Public Housing and Settlements Ministry is planning to build 70,000 subsidized homes this year for workers in various sectors, including in the health, education and fishery industries, as part of President Prabowo Subianto’s ambitious 3 million homes program.
3 months agoThe government is planning to disburse the second round of social aid this year after the Idul Fitri holiday, while also seeking to begin utilizing the newly launched Single National Social and Economic Data (DTSEN) system.
3 months agoFrance's trade ministry condemned "unacceptable" US interference Saturday after the American embassy in Paris sent several French firms letters warning against using the diversity programs known as "DEI", a frequent Donald Trump target.
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