Indonesia Plans 200% Tariffs on Chinese Goods

Indonesia is planning to impose tariffs ranging from 100 to 200 percent on Chinese imports like textiles, ceramics, and electronics to protect local industries, particularly labor-intensive sectors like textiles that have been hit hard by Chinese products. The move is in response to the ongoing trade war between China and the United States, with Indonesian officials aiming to ensure the survival and growth of domestic micro, small, and medium enterprises. Chinese exporters are considering options like setting up local factories in Indonesia or Vietnam in response to the impending tariffs, which could impact industries like footwear and ceramics. The Indonesian government previously tightened import monitoring but faced challenges due to industry complaints about hindering the flow of necessary imported materials. This decision reflects global concerns about Chinese overcapacity and highlights Indonesia's efforts to safeguard its industries amidst shifting trade dynamics.