Indonesian Political, Business & Finance News

Prabowo's Sunday Evening Meeting at Hambalang Discusses Indonesia-US Tariff Negotiations

| Source: DETIK Translated from Indonesian | Trade
Prabowo's Sunday Evening Meeting at Hambalang Discusses Indonesia-US Tariff Negotiations
Image: DETIK

Jakarta — President Prabowo Subianto summoned a number of economic ministers to his private residence in Hambalang, Bogor yesterday. The meeting, held in the afternoon, focused on discussing Indonesia’s international economic negotiation strategy, particularly with the United States.

Cabinet Secretary Teddy Indra Wijaya stated that President Prabowo provided clear direction regarding the principles the government must uphold in every international economic negotiation. Prabowo sought to ensure that every step in economic diplomacy genuinely serves the national interest.

“Ensuring that the position Indonesia takes in every economic negotiation with anyone, especially in the near term with the United States, is the best and most advantageous for Indonesia,” said Teddy in a statement on his Instagram account, posted on Sunday evening (15/2/2026).

Prabowo, according to Teddy, also emphasised that economic negotiations must not be merely short-term transactional exercises, but rather must have a direct impact on strengthening the national economic structure. In this regard, boosting domestic industrial productivity and strengthening global supply chains are the top priorities.

“The President wants negotiations to maximise domestic industrial productivity and strengthen the global supply chain for industry,” Teddy said.

Furthermore, Prabowo also affirmed his commitment that economic policies adopted by the government must be oriented towards concrete results that can be felt by the nation and the country.

“President Prabowo wants every policy taken to deliver concrete benefits for Indonesia as quickly and as extensively as possible,” Teddy said.

The ministers present at yesterday’s meeting included Coordinating Minister for Economic Affairs Airlangga Hartarto, Finance Minister Purbaya Yudhi Sadewa, Minister of Investment and Downstream Industries Rosan Roeslani, and State Secretary Minister Prasetyo Hadi.

Previously, Airlangga revealed that Prabowo would be visiting the United States in the near future. Prabowo is set to sign an Agreement on Reciprocal Trade (ART) with President Donald Trump, whilst also attending the inaugural meeting of the Board of Peace.

The details of the tariff agreement resulting from the negotiations have not yet been disclosed. However, Indonesia’s export tariffs to the US have already been reduced from 32 per cent to 19 per cent, and the government has asked the public to wait until the entire process is concluded.

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