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View all search resultsUS President Donald Trump's administration launched a new trade investigation on Wednesday into excess industrial capacity in 16 major trading partners in a move to rebuild tariff pressure after the US Supreme Court tore down the centerpiece of Trump's tariff program last month.
The US government is launching two new trade investigations into excess industrial capacity in 16 major trading partners, including Indonesia, to rebuild tariff pressure after the US Supreme Court tore down much of Trump's tariff program last month.
The agreement, which is expected to be signed by President Prabowo Subianto and his United States counterpart Donald Trump, will not constrain Jakarta’s domestic policy space and will deliver “balanced economic benefits” for both countries, according to Office of the Coordinating Economy Minister Airlangga Hartarto.
The Centre for Strategic and International Studies (CSIS) Indonesia believes United States President Donald Trump is likely to ultimately impose a uniform tariff rate on Indonesia and other countries in the region.
Mangga Dua market has been thrust into spotlight yet again as a barrier to trade in the USTR's 2025 National Trade Estimate Report, which has singled out the North Jakarta market as a bustling hub of counterfeit goods.
True to form, Indonesia has taken a trade diplomacy approach in response to a report by the US Trade Representative criticizing QRIS as a foreign trade barrier, highlighting Jakarta's readiness to cooperate with Washington on the matter.
Greer, 44, served as chief of staff to Trump's former US Trade Representative Robert Lighthizer, the architect of Trump's original tariffs on some $370 billion worth of Chinese imports and the renegotiation of the North American free trade deal with Canada and Mexico.
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