Inp.polri.go.id - Jakarta. Indonesia is set to provide fiscal and non-fiscal incentives to increase imports of U.S. products and maintain the competitiveness of its exports to the U.S., said Coordinating Minister for Economic Affairs Airlangga Hartarto after meeting with U.S. Ambassador Kamala S. Lakhdhir on Tuesday.
It came ahead of the enforcement of the U.S. reciprocal tariff of 32% on Indonesian goods starting April 9, 2025—unless successfully renegotiated.
"Indonesia will prioritize negotiations and avoid retaliatory measures, in line with other ASEAN countries," Airlangga said in a statement on Wednesday (9/4/2025), emphasizing the revitalization of the Indonesia-U.S. Trade and Investment Framework Agreement (TIFA), in place since 1996.
Strategic measures include relaxing non-tariff regulations, such as local content requirements (TKDN) for U.S. tech firms like GE, Apple, Oracle, and Microsoft; reviewing export restrictions; and accelerating the halal certification process.
Both parties discussed efforts to balance bilateral trade, with Ambassador Lakhdhir affirming the U.S. Embassy’s commtment to facilitate Indonesia’s negotiation efforts, as reported by antaranews.com.
(mg/inp/pr/nm)