"Any Country that wants to 'play games' with the ridiculous supreme court decision, especially those that have 'Ripped Off' the USA for years, and even decades, will be met with a much higher Tariff, and worse, than that which they just recently agreed to," Trump wrote on social media.

CK Hutchison objected Tuesday to the takeover, which it called "unlawful" and said raises "serious risks to the operations, health and safety" at terminals."

The spat between Asia's top two economies was sparked by comments by Prime Minister Sanae Takaichi in November that Japan could intervene militarily in any attack on self-ruled Taiwan.

The new tariffs, initially set at 10 percent, are justified as a means "to deal with the large and serious United States balance-of-payments deficits," according to a White House released Friday.

Local businesses has slammed the plan and urged the government to scrap the proposal, arguing that domestic manufacturers are fully capable of meeting the demand.

The court ruled six to three on Friday that Trump does not have the authority to impose tariffs under a 1977 law he has relied on to impose sudden levies on individual countries, upending global trade.

The government has signaled that it will refrain for now from any decisive follow-up to its new bilateral trade deal with the United States after a US Supreme Court ruling raised questions over the legality of US tariff policies.

One of the first concrete reactions among Asian nations to the decision, it follows Trump's move on Saturday to levy a temporary tariff of 15 percent, the maximum allowed by law, on US imports from all countries, following the court's rejection.

US Treasury Secretary Scott Bessent told Fox News on Friday that tariffs based on the International Emergency Economic Powers Act (IEEPA) "were custom made for President Trump to assert leverage" against other countries.

The industry ministry has joined the choir of criticism against Agrinas' procurement deals with Indian carmakers, saying that rather than importing foreign-made pickups, the local automotive industry should be bolstered to optimize capacity so as to reap the many benefits of mobilizing the national supply chain.

The central bank governor Perry Warjiyo said that global uncertainty increased risk premiums and created “short-term pressures toward the exchange rate”.

The government's decision to reverse its plan for the early retirement of the Cirebon 1 power plant in West Java has raised fresh doubts about Jakarta's energy transition commitment and dashed the hopes of locals who blame the plant for environmental and health problems.

Private funds could flow elsewhere without coal cuts, the German ambassador to Indonesia warns, saying renewables cannot scale while coal remains dominant.  

The energy minister has taken an "all stick, no carrot" strategy to pressure firms into start pumping oil and gas from stalled projects, threatening hundreds of wells with the prospect of losing their permits.

According to the ministry's renewables director general, the Bangka Belitung Islands and West Kalimantan are two priority provinces under consideration as a potential site for developing Indonesia's first nuclear power plant toward a 2032 on-grid target.

It has been reported that Karimun, Riau Islands, has been part of a system of traders, shippers and transshipment points, including the floating hub along the Malacca and Singapore straits and Fujairah in the United Arab Emirates, that has helped keep Russian oil and products flowing, despite the sanctions.

Hashim Djojohadikusumo, who is the special envoy for climate change and the brother of President Prabowo Subianto, said the five IDX and OJK officials who resigned soon after last month’s market crash did so in direct response to the President’s order.

The proposal would bar EU companies and individuals from conducting transactions with Karimun Port in Indonesia and Kulevi Port in Georgia.

As part of their eight-point plan, Indonesian authorities have come up with three proposed measures to meet MSCI's transparency demands and avoid potential downgrading to emerging market status.

A potential lawsuit over halted mining operations could expose the state to fiscal risks reaching tens of trillions of rupiah, extending far beyond legal fees to include lost revenue and compensation claims.

Finance Minister Purbaya Yudhi Sadewa says pushing the rupiah exchange rate back up to 15,000 per United States dollar should not be that difficult as the currency is undervalued when taking into account Indonesia’s economic fundamentals.

The contribution of renewable energy to the national energy mix, which refer to total electricity production, rose by only 1.1 percentage points to 15.75 percent in 2025.

The Financial Services Authority (OJK) has announced replacements for four of its high-ranking officials who stepped down on Friday, while the Indonesia Stock Exchange (IDX) is also set to appoint a new interim director ahead of a meeting with global stock market index compiler Morgan Stanley Capital International (MSCI) scheduled for Monday.

It is not immediately clear whether the resignations of five high-ranking officials at the Indonesia Stock Exchange (IDX) and the Financial Services Authority (OJK) were voluntary or forced. Senior minister Airlangga Hartarto said President Prabowo Subianto is monitoring the stock exchange following the market meltdown. 

The abrupt revocation of mining permits and the planned transfer of assets to state firms have raised concerns of "nationalization", undermining legal certainty and threatening to erode Indonesia’s appeal to foreign capital.

The Jakarta Composite Index plummeted around eight percent Wednesday and as much as 10 percent Thursday, its worst performance since 1998 during the Asian financial crisis.

Indonesia Stock Exchange (IDX) president director Iman Rachman has announced his resignation following Morgan Stanley Capital International’s (MSCI) transparency warning that triggered a massive sell-off in Indonesian stocks and temporary trading halts earlier this week.