Trump Threatens Indonesia to Raise Tariffs Twofold If They Dare to Retaliate
President of the United States (US) Donald Trump stated that if Indonesia retaliates against his tariff policy, he will double the amount. Currently, Trump has officially set a tariff of 32%, which when multiplied reaches 64%.
"If for any reason you (Indonesia) decide to raise your Tariff, then whatever number you choose to raise, an additional 32% will be added to the one we impose," he wrote in an official report posted on social media Truth, Tuesday (08/07).
According to him, this tariff is necessary for the US to correct the trade imbalance that has occurred for years. He believes Indonesia makes it difficult and hinders US goods from entering Indonesia.
For your information, Trump officially set the trade tariff at 32%, the same figure that occurred last April. However, he still grants freedom to companies that build factories in the US, which will be exempt from tariffs.