JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) through the Director General of Mineral and Coal (Minerba) Tri Winarno emphasized that the reciprocal tariff policy imposed by US President Donald Trump to Indonesia by 32 percent did not affect the mineral and coal sector.
Tri explained, this is because Indonesia does not depend on other countries for important materials used in the mining sector.
"But in principle, we don't use the essential materials from them. For mining, especially mineral and coal, we don't have this, we don't really have any effect," said Tri, quoted on Wednesday, May 7.
Tri said that currently the government is still conducting studies and economic calculations, but only on the plan to import oil and gas from the US. This is because the government wants to balance the US trade balance with Indonesia as part of the tariff negotiations.
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Tri added, while for other tariffs, the government still needs a study. The reason is, if Indonesia does buy oil from the US, the price offered is likely to be higher.
Therefore, it is hoped that the US will be able to buy a number of products from labor-intensive industries in Indonesia. Thus, continued Tri, the Indonesian economy will continue even though it is burdened with other things, one of which is the higher price of oil.
"It does take a rather complex economic calculation. And indeed it is together being compiled with the Coordinating Ministry for Economic Affairs, related to the increase in imports from America. But the points are being carried out excercisely, although this is not easy, calculating the impact. Because it could be a thesis or even self-dissertation of it," said Tri.
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