Trump has pledged to impose
Trump’s March 2025 decision to double the tariff on Chinese imports to 20 per cent, up from the initial 10 per cent imposed in February, threatens to disrupt Indonesia’s exports, particularly electronics and machinery that depend on Chinese inputs for production. These tariffs could escalate further as Trump has pledged to impose a 60 per cent tariff on China and a 10–20 per cent tariff on all imports. Indonesia has long recognised the importance of expanding and diversifying its economic network to mitigate supply chain disruptions. Amid the trade war during Trump’s first term, economic diplomacy tripled the number of Indonesia’s trade agreements, increasing from just nine in 2003–13 to 27 in 2014–24. Despite the proliferation of trade agreements, Indonesia’s trade network remains underdeveloped, with slow growth and limited impact. สล็อต เว็บตรง