Jakarta, April 17 -- The escalating tensions between the United States (US) and China are not just a rivalry between the world's two great powers, but could also trigger a shift in the global trade order.
Many parties are concerned that Indonesia will be affected. However, it may be time for the country to make it an opportunity to secure a new strategic position amid the current situation.
The Asian Development Bank (ADB) assessed that the reciprocal tariff of 32 percent imposed by the US on Indonesia is unlikely to have a significant qualitative impact on Indonesia's economy.
According to ADB's Southeast Asia Economist Nguyen Ba Hung, this is because Indonesia's total exports to the US remain relatively small.
Therefore, Indonesia d...
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