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View all search resultsFor Indonesia, which is deeply embedded in East Asian production networks and heavily exposed to Chinese trade and investment, a reciprocal trade agreement with the US could trigger chaotic and costly supply chain realignments.
Indonesia has seen a steep decline in the number of artisanal batik producers over the past four years across key production centers from Java to Sumatra, as pressure mounts from a surge of mass-produced batik-like fabrics, most of which are imported.
The shifting global trade landscape presents an opportunity for the Asia-Pacific to emerge stronger, if countries look more inwardly to improve domestic resilience and intraregional coordination while helping to lift others that might be more vulnerable to external pressures.
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