JAKARTA - Coordinating Minister for the Economy Airlangga Hartarto visited the KPK Red and White building, Kuningan Persada, South Jakarta today, January 14. He came to discuss the American reciprocal tariff or Trump tariff with the Corruption Eradication Commission (KPK).
From monitoring at the location, Airlangga arrived at around 13.51 WIB. He was accompanied by a number of other officials at the Ministry of Economy and was greeted by the anti-corruption commission represented by KPK Secretary General Cahya H. Harefa.
"(Coming to the KPK for, red) communication for tariff negotiations," said Airlangga, who wore a long-sleeved batik, to reporters at the location.
"American tariffs," he continued while hurrying.
In addition to Airlangga, Deputy Minister of Trade Dyah Roro Esti, Deputy Minister of Energy and Mineral Resources Yuliot Tanjung, and the Deputy Minister of Foreign Affairs are scheduled to attend.
Based on the schedule of the anti-corruption commission, Airlangga and the deputy ministers will discuss corruption prevention at 14.00 WIB until 17.00 WIB. One of the discussions is the presentation of the study.
To note, Indonesia has agreed on a reciprocal tariff of 19 percent. However, the agreement was accompanied by heavy non-tariff concessions, such as easing the rules on the Domestic Component Level (TKDN), the elimination of the ban on the export of critical minerals, and the obligation to purchase US energy and agricultural products.
The agreement puts Indonesian exports in an unfavorable position. In terms of tariffs, the figure of 19 percent is equivalent to Malaysia (19 percent) and not far from Vietnam (20 percent). However, Indonesia is less competitive in terms of logistics costs and must provide much larger non-tariff concessions.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
