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Indonesia Plans up to 200% Tariffs on Chinese Goods

Indonesia Plans up to 200% Tariffs on Chinese Goods

Indonesia is preparing to implement import tariffs of up to 200% on Chinese goods, as reported by the state news agency Antara. Trade Minister Zulkifli Hasan cited the impact of the ongoing trade conflict between China and the United States, stating that an oversupply of Chinese products, redirected from Western markets, posed a threat to local industries.

The tariffs, ranging from 100% to 200%, will apply to various Chinese imports such as footwear, ceramics, clothing, textiles, cosmetics, and more. The aim is to safeguard Indonesian micro, small, and medium enterprises (MSMEs) from being overwhelmed by foreign products that could potentially undermine their viability.

Zulkifli emphasized the importance of protecting domestic industries, stating that excessive imports could lead to the collapse of local businesses. The Indonesian Trade Safeguards Committee is currently determining the specific tariff rates, which will come into effect upon the issuance of new regulations.

This move follows Indonesia’s previous attempts to tighten oversight on over 3,000 imported goods last year, a measure later reversed due to concerns raised by domestic industries about its impact on essential imported materials.

Indonesia Plans up to 200% Tariffs on Chinese Goods

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