{
    "success": true,
    "data": {
        "id": 1611998,
        "msgid": "indonesia-unfazed-by-ustr-trade-probe-finance-minister-says-1773417260",
        "date": "2026-03-13 19:22:49",
        "title": "Indonesia unfazed by USTR trade probe, Finance Minister says",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Trade",
        "summary": "Indonesia's Finance Minister Purbaya Yudhi Sadewa has expressed confidence that a US trade investigation into alleged unfair practices will not significantly impact Indonesia's trade prospects, citing the country's competitive advantages in labour costs and commodity pricing. The minister stated that Indonesia would only face pressure if tariffs imposed on Indonesian goods substantially exceeded those on peer nations, whilst remaining prepared to implement efficiency measures if necessary.",
        "content": "<p>Jakarta (ANTARA) - Indonesian Finance Minister Purbaya Yudhi Sadewa\nexpressed optimism that the trade probe by the United States Trade\nRepresentative (USTR) will not affect Indonesia\u2019s trade prospects.<\/p>\n<p>He said such investigations are common in international trade\nrelations and therefore do not warrant concern.<\/p>\n<p>\u201cI think it\u2019s fine (a trade investigation). Investigations are\ncommonplace,\u201d he spoke to reporters when met in his office on\nFriday.<\/p>\n<p>According to him, Indonesia still holds a comparative advantage in\ntrade with the United States, mainly because Indonesian goods are priced\nmore competitively than American products.<\/p>\n<p>This situation is also supported by lower labor costs, which gives\nIndonesia a unique competitive edge, he added. These factors have\ncontributed to Indonesia maintaining a trade surplus with the United\nStates.<\/p>\n<p>Regarding the potential for tariff increases, which are often\nassociated with a country\u2019s trade surplus with the US, Purbaya stated\nthat Indonesia would not be significantly impacted if tariff increases\nwere applied equally to other countries.<\/p>\n<p>However, the situation would be different if the tariffs imposed on\nIndonesia were higher than those imposed on peer countries. A\nsignificant tariff gap, for instance of around 10 percent, could\npotentially put pressure on Indonesian exports.<\/p>\n<p>Furthermore, the minister also confirmed his readiness to implement\nefficiency measures if necessary.<\/p>\n<p>\u201cWe will pursue other efficiency measures if it becomes necessary.\nHowever, the outlook ahead should not require much of that, even with\nthe USTR investigation,\u201d he said.<\/p>\n<p>The US government on Wednesday (March 11) launched a trade\ninvestigation into alleged unfair practices against Indonesia, Japan,\nand dozens of other trading partners, after the US Supreme Court struck\ndown high import tariffs.<\/p>\n<p>US Trade Representative Jamieson Greer said the investigation aims to\nuncover \u201ca series of unfair trade practices related to excess capacity\nand manufacturing production\u201d as part of efforts to potentially impose\nnew import tariffs.<\/p>\n<p>Related news: Indonesia remains profitable on US crude despite rising\noil prices<\/p>\n<p>Related news: Indonesia starts US crude imports amid Middle East\ntensions<\/p>\n<p>Indonesia unfazed by USTR trade probe, Finance Minister says<\/p>\n<p>March 13, 2026 16:03 GMT+700<\/p>\n<p>Finance Minister Purbaya Yudhi Sadewa in a press statement in Jakarta\non Friday (March 13, 2026). (ANTARA\/Imamatul Silfia\/rst)<\/p>\n<p>Translator: Imamatul Silfia, Resinta Sulistiyandari<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-unfazed-by-ustr-trade-probe-finance-minister-says-1773417260",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}