Jakarta (ANTARA) – The Indonesian government is working on strategies, such as product diversification, to anticipate the potential impact of the policy formulated by the new United States administration under Donald Trump to increase tariffs on imported goods.
Trade Minister Budi Santoso underlined the need for domestic business actors to diversify their export products in the wake of Trump’s decision to levy higher duties on goods imported from Canada, Mexico, and China.
“It is important that we diversify our products, focusing on goods that are not produced in the US,” he said in Jakarta on Wednesday.
He then highlighted the significance of the US market, saying that the…