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View all search resultsTrump’s sweeping tariffs have arguably spurred both regions into action, with governments quickly realizing the need to secure reliable and long-lasting trade partnerships amid rising protectionism and shifting alliances.
The government has lambasted the European Union’s decision to appeal a World Trade Organization (WTO) ruling supporting Indonesian biodiesel exports, arguing that the move went against the spirit of freshly elevated economic ties.
The RCEP is seen as a potential buffer against tariffs imposed by US President Donald Trump's administration, though its provisions are considered weaker than some other regional trade deals due to competing interests among members.
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