Bisnis.com, JAKARTA — President Donald Trump’s decision to reduce import tariffs on Indonesian goods to 19 percent—down from the previous 32 percent—has provided a measure of relief for the country's automotive components industry.
Industry players welcomed the move, viewing it as a competitive advantage, particularly given that the new rate is among the lowest compared to other ASEAN countries. The policy shift is seen as a potential catalyst to boost the global competitiveness of Indonesia’s automotive components sector.
