Hanoi, April 19 -- The Indonesian government is assessing the potential impact of US tariffs on domestic labour-intensive industries, particularly textiles and shrimp processing.
Mari Elka Pangestu, Vice Chair of Indonesia's National Economic Council (DEN), said on April 18 that it remains uncertain what will unfold in the next 30 to 60 days as negotiations with the US are still underway.
According to Pangestu, the government has formulated several initiatives to mitigate the adverse effects of the 32% tariff on Indonesian exports. These include the establishment of a task force dedicated to addressing layoff-related issues.
Indonesian President Prabowo has instructed cabinet members to urgently explore employment measures following a wa...