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Jakarta Post

From Trump's tweets to trade war, all affect Indonesia

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Mon, September 16 2019   /  02:14 am

Finance chiefs and country leaders around the world are facing ever-changing global economic dynamics and risks ranging from the United States-China trade war and Brexit uncertainty to limited monetary policy options and US President Donald Trump’s tweets. Indonesia is no exception.“If we talk about advanced countries’ policies, particularly the US, we see that every tweet by President Trump affects not only [market] sentiment but even economic expectations and projections,” Finance Minister Sri Mulyani Indrawati told a seminar in Jakarta on Thursday.“For a country with such a big economy, whatever happens to it will affect its surrounding and even the world,” she stressed.Many of the tweets posted by the Republican president have indeed added some volatility to global financial markets, increasing risks for emerging economies like Indonesia.This prompted two large Wall Stree...