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View all search resultsThe government said that ratifying the ART agreement was not on its near-term agenda and that it would contest allegations of unfair trade practices later raised by the US in its Section 301 probe.
Despite opportunities to align its critical mineral supply chains with Western countries, experts urge Jakarta to safeguard its reputation as a reliable partner by upholding agreements with existing investors, many of whom are Chinese firms.
US trade investigations against Indonesia and other countries over alleged unfair practices could give Washington new leverage in bilateral negotiations after the US Supreme Court struck down the initial legal basis for the Agreement on Reciprocal Trade (ART).
Civil society and industry groups warn that the agreement on reciprocal trade (ART) could weaken local control over Indonesian data, erode publisher rights and tilt the digital economy further toward US tech giants.
As Cyprus takes over the rotating presidency of the Council of the European Union, it seeks to navigate a volatile geopolitical landscape by bolstering “strategic autonomy” while offering partners stability and predictability.
Industry players warn that a push to diversify investment in Indonesia’s minerals sector under the Agreement on Reciprocal Trade (ART) signed with the United States last week must not disrupt the nickel ecosystem.
The Agreement on Reciprocal Tariffs (ART) with the United States may make it harder for Indonesia to sustain policy flexibility in dealing with other countries and various situations in the international geopolitical stage, experts have warned.
The European Commission called Sunday for Washington to abide by the terms of the trade deal struck last year with the EU, as President Donald Trump announced new global tariff hikes a day after an adverse Supreme Court ruling.
The court's landmark 6-3 ruling upended the leverage Trump and his trade envoys have wielded over foreign governments, both allies and foes, at negotiating tables around the world to reshape diplomatic relations and global markets.
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