Indonesia to levy safeguard tariffs of 100%-200% on imported goods including textiles and apparels

Indonesia, as Southeast Asia's largest economy, recently announced a significant plan aimed at "protecting domestic industries."

According to reports from Reuters and other media on June 29th, Indonesian Trade Minister Zulkifli Hasan stated that Indonesia will levy safeguard tariffs ranging from 100% to 200% on imported products such as footwear, clothing, textiles, cosmetics, and ceramics, to restart and strengthen protection measures for domestic industries.

Zulkifli Hasan said on Friday that the new tariffs will be implemented soon and may affect imports of footwear, clothing, textiles, cosmetics, and ceramics. He emphasized that without restrictions on imported goods, Indonesia's micro, small, and medium-sized enterprises could face the risk of closure. He explained that this policy aims to ensure the survival and development of Indonesia's small and medium-sized enterprises and industries in a fiercely competitive market environment.

Senior Indonesian trade official Budi Santoso stated on Saturday that Indonesia's Trade Protection Committee is investigating to determine the tariff rates.

According to Indonesia's statistics bureau, Indonesia imports clothing and apparel accessories mainly from China, Vietnam, and Bangladesh. Therefore, products from these countries may become the primary targets of Indonesia's new tariff policy.