Jakarta, Xweb.biz.id – President Prabowo Subianto has expressed his appreciation for the Indonesian government’s efforts to address the 32% import tariff imposed by the United States under the Trump administration. The lobbying team, led by Finance Minister Sri Mulyani, recently reported positive progress in the ongoing negotiations, prompting a supportive response from the president.

Minister Mulyani briefed President Prabowo on the results of her recent working visit to the US and the UK, where she participated in key global economic forums, including the G20 and the IMF-World Bank Spring Meetings. The discussions covered a range of issues, but a significant focus was placed on the US’s reciprocal tariff policy and the global response to it.

“The president said good, good,” Sri Mulyani remarked during a press conference at the Presidential Palace in Jakarta, summarizing Prabowo’s reaction to her report. She elaborated on the detailed analysis she presented, which included insights from global discussions on the US tariff policy and its implications for trade relations and economic stability.

Strategic Diplomacy on the Global Stage

Sri Mulyani’s report also covered the international community’s views on the US’s tariff policy. Several countries have expressed concerns over the potential ripple effects of the US’s decision, which could disrupt global trade flows. Key international figures, including finance ministers from various countries, have weighed in on the issue, discussing potential solutions and calling for multilateral mechanisms to address the challenges posed by the tariffs.

In addition to addressing trade concerns, Sri Mulyani raised broader issues regarding access to capital for countries struggling with financing. This challenge has become even more pronounced as global economic conditions remain uncertain, with countries in need of capital to support growth and development facing increasing risks. The IMF and World Bank meetings were key platforms for discussing these global challenges, with potential long-term consequences if not addressed properly.

Positive US Reception and Ongoing Negotiations

Earlier this month, an Indonesian delegation, which included Coordinating Minister for Economic Affairs Airlangga Hartarto, Finance Minister Sri Mulyani, and Foreign Minister Sugiono, visited Washington DC for talks with senior US officials. The team met with the US Trade Representative, Secretary of Commerce, Secretary of Treasury, and the Director of the National Economic Council to discuss the impact of the Trump tariff policy and explore potential solutions.

The US government has responded positively to Indonesia’s approach, appreciating the country’s proposal, which emphasizes the protection of national interests while simultaneously strengthening bilateral relations between the two nations. The discussions have paved the way for continued dialogue, and the Indonesian government is now engaging in domestic consultations with various stakeholders to ensure a unified approach in the ongoing technical discussions with the US.

Looking Ahead: Strengthening Domestic Resilience

Despite the favorable response from the US, Sri Mulyani emphasized that Indonesia must continue to strengthen its domestic economic resilience. The government remains committed to ensuring that the country can weather any challenges posed by the tariff dispute and continue its growth trajectory.

The resilience of our domestic industries must be a priority,” Sri Mulyani said, noting that while the negotiations with the US are important, Indonesia must also bolster its internal market to ensure long-term stability and growth.

As the negotiations progress, it is clear that Indonesia’s strategic diplomacy, backed by a strong and cohesive team, is playing a vital role in safeguarding the nation’s economic interests while navigating the complexities of global trade relations.

The ongoing discussions and consultations between Indonesia and the US will continue to be closely monitored, with hopes that a fair and mutually beneficial resolution can be reached in the coming months.

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