Airlangga: Application Of US Import Tariffs To Indonesia Postponed For Negotiation Process
Coordinating Minister for Economic Affairs Airlangga Hartarto conveyed the latest developments regarding the 32 percent import rate negotiations imposed by the President of the United States (US) Donald Trump on Indonesia postponed.
According to Airlangga, currently Indonesia has obtained a postponement of the policy to complete the ongoing negotiations.
He also added that Indonesia was not subject to an additional 10 percent tariff imposed for BRICS member countries.
"So the first addition (10 percent for BRICS members) does not exist. The second time is we call it the Whale. So the postponement of implementation is to complete existing negotiations," he said, quoted from the Presidential Secretariat's YouTube, Monday, July 14.
Previously, Airlangga made a visit to the United States to continue negotiations on Trump's 32 percent import rate policy against Indonesia.
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For information, based on a letter addressed to President Prabowo Subianto, Indonesia will be subject to a reciprocal rate of 32 percent starting August 1, 2025.
Airlangga conveyed that during his meeting with the US Trade Minister Howard Lutnick and the US Trade Representative Jamieson though it was agreed that Indonesia would be included in the advanced stages of the negotiation process.
"It agrees that what is proposed by Indonesia is a follow-up process. So this three weeks is expected to be finalized rather than fine tuning proposals, and fine tuning than what has been exchanged," he concluded.