TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Indonesia-US trade: Time to push on an open door?

  • Andrew Samet and David Gossack

    Washington, DC

PREMIUM
Washington, DC   /   Fri, April 9 2021   /  01:00 am
In April, Indonesia suffered a trade deficit of about US$1.6 billion against a forecast surplus of $700 million.(Shutterstock/File)

The consensus among Washington trade experts is that 2021 will be a year of relative calm on trade issues compared to the unpredictability and disruption that characterized president Trump’s decisions.  Indeed, the Biden administration has been focused on domestic priorities, including completing the vaccination program to check the COVID-19 pandemic, restoring employment and growth in the American economy, and passing infrastructure and industrial policy legislation, with a focus on supply chain security for key technologies and manufacturing capacity. Meanwhile, now that the new US Trade Representative Katherine Tai is in place, the process of assembling a Biden trade agenda will move forward, as will the review of the trade policies left behind by president Trump. Once work on domestic legislative priorities is completed later this year, we can expect the administrati...