{
Airlangga Hartarto

People

}
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001122334455554433221100

Indonesian ministers to negotiate US tariffs amid trade challenges and opportunities

Indonesian ministers, led by Coordinating Minister for Economic Affairs Airlangga Hartarto and Foreign Minister Sugiono, will negotiate a 32% import tariff imposed by the US next week. The delegation aims to address the significant trade imbalance, which has made Indonesia vulnerable to such tariffs, particularly affecting labor-intensive sectors like textiles and footwear. While the tariffs pose challenges, they also present strategic opportunities for Indonesia to attract foreign investment as companies seek alternatives to higher-tariffed Chinese goods.
Tech in Asia
Indonesian Rupiah United States Dollar USA IDN Sugiono Airlangga Hartarto
Finance & Economy, Market Report
12:37 08.04.2025

economic challenges dampen eid celebrations in indonesia as travel declines

Eid al-Fitr celebrations in Indonesia are subdued this year due to soaring prices and declining consumer spending, with travelers dropping to 146 million, a 24% decrease from last year. Economic hardships, including currency depreciation and layoffs, have forced families to cut back on festivities, impacting the overall holiday spirit. Despite these challenges, the government is optimistic that initiatives to stimulate spending will support economic growth in early 2025.
AP News
Indonesian Rupiah IDN Airlangga Hartarto
Finance & Economy, News Article
03:44 31.03.2025
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