The Government Is Reviewing The Impact Of Trump's Trade Import Tariffs On Indonesia

US President Donald Trump/PHOTO via Instagram @whitehouse

JAKARTA - The Presidential Communication Office (PCO) revealed several steps by the government to deal with the reciprocal tariff policy set by United States President Donald Trump to Indonesia.

Head of the Presidential Communication Office Hasan Nasbi said that in parallel to these measures, the government is currently carefully calculating the impact of the reciprocal tariff policy implemented by the US on goods from Indonesia.

The government is carefully calculating the impact of the implementation of the reciprocal rate carried out by the US Government. Parallel with that, the government also sent a high-level lobbying team to negotiate with the US Government," Hasan Nasbi said as quoted by ANTARA, Friday, April 4.

Meanwhile, domestically, the government is also trying to make Indonesian products more competitive, including through simplification of regulations.

"In the country, the government is also implementing a simplification of regulations so that Indonesian products can be more competitive," said Hasan Nasbi.

US President Donald Trump on April 2, 2025 announced a reciprocal tariff policy to a number of countries including Indonesia, which was effective 3 days after it was announced.

Trump's policy will be implemented in stages, starting from the imposition of a general tariff of 10 percent for all countries starting April 5, 2025, then the special tariff for a number of countries including Indonesia will take effect on April 9, 2025.

From this new policy, Indonesia was subject to a 32 percent reciprocal tariff.

Coordinating Minister for Economic Affairs Airlangga Hartarto said President Trump's policy would have a significant impact on Indonesia's export competitiveness to the US.

"So far, Indonesia's main export products in the US market, including electronics, textiles, footwear, palm oil, rubber, furniture, shrimp, and marine fishery products," said Coordinating Minister Airlangga.

Therefore, in order to minimize the negative impact due to this policy, Airlangga said that the Indonesian government has prepared several strategic steps, including maintaining the stability of the State Securities (SBN) in the midst of global financial market turmoil after the announcement of US reciprocal rates, maintaining the stability of the rupiah exchange rate and ensuring that foreign exchange liquidity (foreign currency) is maintained, and negotiations with the US government have been running since the beginning of this year.