Indonesia copes with global instability, US tariff policy
Indonesian President Prabowo Subianto has formulated mitigation strategies in response to the import tariffs imposed by U.S. President Donald Trump on Indonesia, according to the Presidential Communication Office (PCO).
Indonesian President Prabowo Subianto. Photo courtesy of prabowosubianto.com.
Noudhy Valdryno, Deputy for Dissemination and Media Information at the PCO, said that President Prabowo has already anticipated potential global policy disruptions and prepared three key breakthrough measures to address them.
The three breakthroughs are expanding Indonesia's trading partners, accelerating the downstreaming of natural resources, and strengthening domestic consumption resilience.
Noudhy stressed that in facing global challenges, including the U.S.’s new tariff policy, the President shows sharpness in observing geopolitical dynamics. A deep understanding of international relations and global trade becomes the main strength in maintaining Indonesia's economic stability.
On April 2, Trump officially raised import tariffs by at least 10% on various countries. Indonesia ranks eighth in the list of countries affected by the tariff increase, with a rate of 32%.
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