Indonesian Political, Business & Finance News

Archive: 11 July 2024

1 article found

Indonesia's 100-200% Tariffs on Chinese Imports Spark Trade Conflict Over MSME Protection

Indonesia has imposed tariffs ranging from 100-200% on Chinese imports across footwear, clothing, textiles, cosmetics, and ceramics sectors to protect domestic micro, small, and medium enterprises from being overwhelmed by low-cost goods. Chinese scholars and officials have criticised the measure as contradictory to Indonesia's stated concerns about overcapacity, whilst underlying tensions include product safety concerns, poor factory working conditions in China, and geopolitical disputes over S