Indonesian Political, Business & Finance News

Archive: 3 July 2024

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Indonesian Textile Industry Seeks Government Protection From Chinese Import Surge

Indonesian textile associations are pressing the government to impose protective measures against a surge of low-cost Chinese textile imports that are damaging the local industry through predatory pricing and poor product quality. Trade Minister Zulkifli Hasan has signalled Indonesia could impose tariffs up to 200% on imports, with the Committee on Trade Defence investigating whether to renew safeguard duties that expired in November 2022. The move reflects broader concerns about economic vulner