TheJakartaPost
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US President Donald Trump said on Wednesday he will announce fresh tariffs over the next month or sooner, adding lumber and forest products to previously announced plans to impose duties on imported cars, semiconductors and pharmaceuticals.
Indonesia has backtracked on a decision to relax export requirements for timber products months after issuing a deregulation policy that environmental groups criticized for threatening to put sustainable timber trade at risk.
Exports of Indonesian wood products totaled US$11.6 billion in 2019, a 4 percent drop from the previous year due to declining demand caused by the ongoing United States-China trade war and the weak competitiveness of local products. Industry players, however, are upbeat entering 2020 thanks to policy reforms.
The government is mulling over a number of policies to improve the performance of the domestic timber and furniture industries, which it identifies as key industries that could seize the momentum amid an ongoing trade war between the United States and China.
The West Kalimantan Police have named five individuals suspects after they were allegedly caught red-handed illegally exploiting protected forests for timber on Mount Bawang in Bengkayang regency, West Kalimantan, an official has said.
