Supreme Court Overturns Trump's Tariffs, Indonesia Hopes Zero Tariffs on Exports to US Remain in Place

Jakarta (ANTARA) - The Indonesian government hopes that the zero-tariff for a number of export commodities to the United States market will remain in effect, even though the Supreme Court (MA) has overturned the reciprocal tariff policy previously implemented by US President Donald Trump.

Minister of Trade Budi Santoso explained that there is currently a consultation period following the decision of the US Supreme Court.

“But what we have signed, the zero percent tariff for products entering America, we still hope it will continue,” said Budi when met at the Ministry of Trade Office, Jakarta, Thursday.

On Thursday (February 19), the Indonesian and US governments officially signed a reciprocal tariff agreement. In the agreement, as many as 1,819 tariff lines of Indonesian products received facilities for import duty exemptions of up to zero percent.

In addition, the two countries also agreed to eliminate import duties of zero percent for Indonesian textile and garment products through a certain quota scheme.

However, the day after the agreement, on Friday (February 20), the US Supreme Court ruled that President Trump was not authorized to impose global tariffs based on the International Emergency Economic Powers Act (IEEPA).

The decision led the US to begin implementing a temporary global tariff of 10%, with plans for the White House to increase it to 15%.

Meanwhile, the Indonesian Coordinating Ministry for Economic Affairs ensured that there would be further discussions with the US following the Supreme Court’s decision to overturn Trump’s reciprocal tariff policy.