#TrumpTariffs Trump Threatens Indonesia to Double Tariffs If It Dares to Retaliate
President of the United States (US) Donald Trump stated that if Indonesia retaliates against his tariff policy, he will double the rate. Currently, Trump has officially set a tariff of 32%, which if doubled, amounts to 64%.
"If for any reason you (Indonesia) decide to raise your tariffs. Then, whatever number you choose to increase, an additional 32% will be added to the rate 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 complicates and hinders US goods from entering Indonesia.
For information, Trump has officially set a trade tariff of 32%, the same rate that occurred last April. However, he still provides freedom for companies that build factories in the US to be exempt from tariffs.