Indonesia to impose up to 200 % import tariffs on Chinese goods ...Middle East

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 and the United States, reported ANTARA.Indonesia’s Trade Minister Zulkifli Hasan said on Friday that the policy will take effect once the related regulation is issued.He explained that the trade war is causing an oversupply in China as their products face rejection by Western countries, forcing them to redirect exports to other markets like Indonesia.Tariffs for Chinese-made products would range from 100 to 200 per cent, Hasan noted.“The United States can impose a 200-per cent tariff on imported ceramics or clothes; we can do it as well to ens

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Indonesia to impose up to 200 % import tariffs on Chinese goods ...Middle East

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