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us tariffs may reduce indonesia's growth by up to 0.5 percent
Indonesia's Finance Minister Sri Mulyani Indrawati warned that potential US tariffs could reduce the country's economic growth by 0.3 to 0.5 percentage points. To mitigate this impact, Indonesia plans to increase US imports, implement tax cuts, and ease import rules while emphasizing regional cooperation among ASEAN nations. Despite concerns, the overall effect is expected to be limited due to Indonesia's strong domestic market and lower export dependence on the US.
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