Indonesia sees securing a 19% tariff rate with the US as a “huge win” for some of the Southeast Asian nation’s most labor-intensive sectors such as garments and footwear, a government adviser said Wednesday.
“It opens up opportunity for Indonesia to get additional market into the US,”
WATCH: Irawan says securing a 19% tariff rate with the US is a “huge win” for some of Indonesia’s most labor-intensive sectors. Source: Bloomberg
He described the tariff rate announced by Trump late Tuesday, down from a planned 32%, as “probably the lowest” among countries that have trade surpluses with the US, giving Indonesia a ...