Jakarta, April 3 -- Economist and capital market practitioner Hans Kwee recommended that Indonesia intensify trade relations with BRICS member countries (Brazil, Russia, India, China, and South Africa) in response to rising US import tariffs on multiple countries.

He elaborated that fostering stronger trade ties with BRICS members is a strategic move to identify new alternative revenue sources amid high import tariffs imposed by the US.

"Indonesia needs to strengthen trade with BRICS countries to seek new sources of revenue after the high tariffs by the US," Kwee stated when contacted by ANTARA here on Thursday.

He cautioned that the high import tariffs imposed by the US on various countries could adversely affect Indonesia's economy a...