#TrumpTariffs The impact of Donald Trump's tariff policy on Indonesia is quite significant, especially in the international trade sector. In April 2025, Trump announced a new import tariff policy that includes a baseline tariff of 10% on all imported goods, with additional tariffs for countries that have a large trade deficit with the US, including Indonesia, which is subject to tariffs of up to 32%. Some sectors in Indonesia that are affected include ¹:

- *Footwear Sector*: potentially facing significant losses because higher selling prices due to import tariffs can make Indonesian products less competitive compared to countries like Vietnam and Mexico.

- *Fisheries Sector*: particularly shrimp exports, have the opportunity to capture a larger market share because Vietnam, Indonesia's main competitor, faces higher tariffs of 46%.

The Indonesian government plans to renegotiate with the US to seek solutions that benefit both parties and improve domestic logistical efficiency to help exporters maintain competitiveness. Indonesia can also become a prime candidate for the shift of investments from countries like Vietnam and China.