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View all search resultsIndonesia’s Trade Ministry says it will carefully “monitor” Malaysia’s antidumping duty imposed on Indonesian plastic goods and may bring the matter to the World Trade Organization (WTO) “if necessary”, while experts urge swift action to protect domestic industries.
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.
Indonesia must tread carefully with a political economy approach to trade diplomacy following US tariffs, maintaining mutually beneficial partnerships and avoiding impacted countries from turning into adversarial competitors.