Judul : Trump Tariff 32%, Core Calls Indonesian Diplomacy a Failure
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Trump Tariff 32%, Core Calls Indonesian Diplomacy a Failure
Best for you , JAKARTA — Analysts assess the policy of the President of the United States (US) Donald Trump the one wearing Import tariff As much as 32% to Indonesia is evidence of Indonesia's failure in negotiating tariffs with Uncle Sam's country.
Executive Director of the Center for Reform on Economics (Core) Indonesia, Mohammad Faisal, stated that the failure in tariff negotiations coincides with several other countries that have managed to lower high tariffs from the US.
"This proves the failure of our trade diplomacy with the United States. Because if we look at some countries that have successfully obtained approval or found an agreement with America, at least the UK, China, and Vietnam," Faisal said to. Business , Tuesday (7/8/2025).
According to Faisal, in general, Indonesia is included in one of the countries with the highest tariffs. The impact is that these high tariffs will affect the penetration of Indonesian exports into the US.
Moreover, Faisal stated, Indonesia's export market share to the US could further shrink and be taken over by competitor countries with lower tariffs than Indonesia.
He also projected that Indonesia's trade balance with the US will shrink in the future due to Trump's tariffs. After all, he said, the government has offered import facilitation for the US.
Especially when we also offer import convenience for America. So this means we have already offered higher import access, we do not get the export convenience we have to America on the other side. So this is evidence of failure from the side trade negotiations kita,” ujarnya.
Faisal menyebut bahwa semestinya pemerintah sejak awal tidak terlalu banyak berharap mendapatkan kemudahan tarif dan menawarkan akses impor kepada AS di berbagai macam lini, sebab akan berdampak pada domestik di dalam negeri.
"It means this will very likely not only thin out our surplus with America, but could even become a deficit if the government does not take more serious measures to deal with this," he said.
Moreover, Faisal revealed that Indonesia's trade deficit with the US differs from that with China. This is because Indonesia's exports to the US are dominated by labor-intensive goods, ready-made garments, shoes, and fisheries. As a result, labor-intensive industries and Indonesia's export structure to the US will be pressured by Trump's tariffs.
"Because even before the tariffs, now in the labor-intensive sector, there are already waves of layoffs, because the access to the domestic market is increasingly limited due to competition with imports and the weakening of the middle class's purchasing power within the country," he said.
Setal three money, Head of the Center for Industry, Trade, and Investment, Institute for Development of Economics and Finance (Indef), Andry Satrio Nugroho stated that the 32% reciprocal tariff policy has the potential to make the US become a country contributing to Indonesia's deficit.
Menurut Andry, pemerintah perlu bersiap menggantikan impor dari AS ke negara lain. Di sisi lain, Indonesia harus mengambil pilihan untuk tidak melakukan retaliasi sebab akan berpengaruh terhadap harga kedelai dan LPG ke depan.
Nevertheless, Andry said Indonesia has the opportunity to replace energy commodity imports from the US with those from the Middle East and Africa.
"Energy can go to the Middle East and Africa, but for soybeans, it seems not," he emphasized.
According to the record Business , AS became the highest contributor of surplus amounting to US$7.08 billion from January to May 2025. The country managed to overtake India, which had been in the first position.
In the first five months of 2025, India only contributed a surplus of US$5.3 billion, lower compared to the same period last year which was worth US$6.59 billion.
Since 2020–2024, Indonesia's trade balance with the US has continued to record a surplus of between US$10 billion and US$16.6 billion, with a growth trend of 5.32%.
In January-December 2024, the trade balance surplus with the US amounted to USD 14.34 billion. At that time, the US was the second largest contributor to Indonesia's surplus.
In 2024, the US became Indonesia's second-largest export destination with a share of 9.94% or worth US$26.3 billion. Meanwhile, for the country of origin of imports, the US was Indonesia's fourth-largest supplier with a share of 5.12% or worth US$12 billion.
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