TEMPO.CO, Jakarta - About three days left before the United States government implements reciprocal tariffs, or Trump's tariffs. The Indonesian government has decided not to take retaliatory measures and has pushed for an agreement with ASEAN countries.
Coordinating Minister for the Economy Airlangga Hartarto leads the negotiation and cooperation efforts. "ASEAN will give priority to negotiations. So ASEAN will not retaliate," said Airlangga after a meeting with ministry officials and businessmen at his office on Monday, April 7, 2025.
Reciprocal tariffs are additional tariffs imposed by the United States on countries with a trade surplus with the U.S., while the U.S. has a trade deficit with those countries. U.S. President Donald Trump announced the implementation of reciprocal tariffs to several countries worldwide on April 2, 2025.
Indonesia is subject to a reciprocal tariff of 32 percent. Other ASEAN countries are imposed with relatively higher tariffs, such as Vietnam with a reciprocal tariff of 46 percent, followed by Cambodia with 49 percent, and Thailand with 36 percent. On the other hand, countries with lower tariffs than Indonesia include Malaysia at 24 percent, the Philippines at 17 percent, and Singapore at 10 percent.
He stated that the U.S. government is still waiting for a negotiation proposal from Indonesia until the official tariffs are implemented on April 9, 2025. At the same time, the Indonesian government is pushing for an agreement with several ASEAN countries.
Airlangga has also met with Malaysian Prime Minister Anwar Ibrahim. Both countries agreed to use the Trade and Investment Framework Agreement (TIFA). The Coordinating Minister for the Economy also communicated with the Prime Minister of Singapore, Cambodia, and other ASEAN countries to coordinate their positions.
He mentioned that nearly all ASEAN countries have decided not to retaliate. For instance, Vietnam has even lowered all of its tariffs to zero.
Malaysia will also opt for negotiations, as will Cambodia and Thailand. "We will take the same path. We will choose the path of negotiation. So we are aligning our paths and then aligning the TIFA mechanisms," he said.
Editor's Choice: Prabowo on Trump Tariffs: Indonesia to Negotiate with the US
Click here to get the latest news updates from Tempo on Google News
China Vows Better Trade Policies as US Tariff Controversy Grows
47 menit lalu
China promises better international economic cooperation policies following the global scrutiny of U.S. import tariffs.
U.S. Official: Over 50 Countries Seek Trade Talks After Trump Declares Sweeping Tariffs
48 menit lalu
More than 50 countries are said to have asked the US to reopen negotiations on import tariffs set by Donald Trump.
Prabowo on Trump Tariffs: Indonesia to Negotiate with the US
2 jam lalu
Indonesian President Prabowo Subianto stated that Indonesia is facing challenges as the world was shaken by the trade war due to Trump's tariffs.
Apindo Calls 4 Key Steps for Govt to Counter Trump's Import Tariffs
4 jam lalu
The Indonesian Employers' Association (Apindo) has formulated several proposals to the government to minimize the impact of the new import tariffs from the United States.
Trump's Tariffs on ASEAN Countries
6 jam lalu
Trump imposes different import tariff rates on ASEAN countries. Indonesia is subjected to a 32 percent tariff starting Wednesday, April 9, 2025.
Prabowo Meets Malaysian PM Anwar Ibrahim to Discuss Trump Tariff Impact on ASEAN
6 jam lalu
Talks in Malaysia focused on U.S. trade measures and regional cooperation following Trump's tariff announcement.
Govt Urged to Block Dumped Goods Flooding Indonesia After Trump's Tariff Hike
6 jam lalu
Prabowo's administration is being urged to curb an influx of dumped Chinese goods after the United States imposed reciprocal import tariffs.
China Retaliates Against Trump by Imposing a 34% Import Tariff on US Goods
7 jam lalu
One of the main steps taken by China is the implementation of a 34 percent import tariff on all goods imported from the United States (US).
List of Countries Affected by Trump's Highest and Lowest Import Tariffs
7 jam lalu
This new import tariff policy is part of Trump's efforts to create equality in international trade.
Today's Top 3 News: Thousands of Anti-Trump Protests Held Across US; France and Indonesia Expand Partnership
18 jam lalu
Tempo English compiled the top 3 news on Sunday, April 6, 2025.
