BANDUNG: Indonesia will soon impose up to a 200-per cent import tariff on Chinese goods to mitigate the effects of the ongoing trade war between China...
: Indonesia will soon impose up to a 200-per cent import tariff on Chinese goods to mitigate the effects of the ongoing trade war between China and the United States, reported ANTARA.
A new ministerial regulation is being drafted to address concerns raised by stakeholders about the inadequacies of earlier regulations regarding protecting local industries from the influx of Chinese-made products. “Regulation No. 37 was capable of restricting and controlling imports,“ Hasan emphasised. However, the new arrangement resulted in a backlog in customs inspections due to additional checks on migrant workers’ luggage.
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