The US is Indonesia’s second largest export market after China. Experts have warned US trade policy could weigh on the archipelago’s gross domestic product growth and to some extent lead to layoffs in impacted industries.

Beijing has also asked that Chinese carriers halt any purchases of aircraft-related equipment and parts from US companies, the Bloomberg report said. 

Consumer confidence continued its downward trend in March, falling for the third consecutive month and hitting its lowest since October 2024.

The government seeks to ask unemployed graduates to return to villages, who would later be provided with training.

This occurred despite the government moving to lower airline ticket prices in a bid to prop up air travel demand.

Before the world felt the blow from US tariffs, there were an estimated 80,000 layoffs in Indonesia last year, according to official data from the Manpower Ministry. The ministry also estimated another 18,610 workers were laid off during the first two months of this year

Britain expressed confidence on Monday of securing enough raw materials to keep the blast furnaces at its last maker of virgin steel burning, after the government seized operational control from its Chinese owners.

In a survey involving 717 hotels across 30 provinces, more than 30 percent of respondents reported revenue losses of more than 40 percent in January compared to the same month last year.  

Danantara chief investment officer Pandu Sjahrir said on Monday that the fund is ready to become a “liquidity provider” to Indonesia’s capital market.

Public 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.

Compliance with the regulation has often been cited as a barrier for businesses, as it forces companies to pour significant capital into local production infrastructure or partner with domestic suppliers to source their inputs locally, which can be more costly.

China's exports rose sharply in March after factories rushed out shipments before the latest US tariffs took effect, but an escalating Sino-US trade war has darkened the outlook for factories and growth in the world's second-biggest economy.

Diversifying exports to countries beyond the US is unfeasible in the short term because of either limited market demand or intense competition from local players in target countries.

Indonesian palm oil companies are seeking new markets in Europe, Africa and the Middle East as they try to protect themselves from the impact of Donald Trump's trade war, a top industry executive told AFP.

The 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.

Consumers can receive their preferred compensation of either a full refund or a replacement unit in finished apartment towers.

The two sides "exchanged views on Taiwan-US reciprocal tariffs, non-tariff trade barriers, and a number of other economic and trade issues including export controls".

The government has long sought after new airlines, hoping to improve competition and lower airfares in the country’s duopoly aviation market. Flag carrier Garuda Indonesia and Lion Air are estimated to serve between 70 and 80 percent of domestic passengers annually.

Indonesia is considering to boost imports of liquefied petroleum gas (LPG) and liquefied natural gas (LNG) from the United States, but experts urge caution to avoid harming local industries and stress prioritizing long-term national interests over trade pressure.

The 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.

A former World Trade Organization boss has said the future terms of global trade, rocked by US President Donald Trump's sweeping protectionist tariffs, could be decided outside the 30-year-old international watchdog unless it reforms itself fast.

The National Food Agency (Bapanas) has defended President Prabowo Subianto’s instruction to remove import quotas, arguing the move will not hurt domestic producers.

Southeast Asian countries are looking to boost trade with their neighbors as a way to stave off the impending impacts of US tariffs following the 90-day reprieve, given that intra-ASEAN trade in 2023 totaled US$759 billion, around a third higher than the region’s total trade with the US last year.

Industry 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.

Continuing jitters about US tariffs hit Asian stocks in early trade on Friday, with Japan's Nikkei tumbling more than 5 percent and gold hitting another record high.

The government and economists agree that an increasingly protectionist US trade policy is weighing on Indonesia’s economic growth, but the full extent of the damage will depend on the final tariffs Washington imposes on goods from the archipelago and its trade partners.

The economic ministers of the ten member states explained that retaliation would not be beneficial as the US was Southeast Asia’s biggest source of foreign direct investment and second-largest trading partner in 2024. The US was also the bloc’s fifth largest trading partner in the same year.