Video: Indonesia Hit With 104% Tariff From Trump, Jakarta Composite Index Suddenly Plunges 2%

Jakarta, CNBC Indonesia — Indonesia’s Jakarta Composite Index (IHSG) fell sharply during Thursday trading on 26 February, plummeting by as much as 2% and closing in the red with a decline of 1.45% to 8,201. Meanwhile, the Rupiah strengthened to Rp 16,750 per US Dollar.

CNBC Indonesia’s Equity Analyst Susi Setiawati highlighted one of the key external market sentiments weighing on Indonesia’s capital markets movement: the imposition of a 104% import tariff by the United States against Indonesian solar panel products.

The analysis of Indonesia’s capital market movements was further explored in CNBC Indonesia’s Closing Bell programme, featuring a discussion between Shafinaz Nachiar and Equity Analyst Susi Setiawati on 26 February 2026.