U.S. tariffs on China bring new export opportunities for Indonesia

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Indonesia's new finance minister believes that U.S. President Donald Trump's threat to impose 1001 TP3T tariffs on Chinese goods has created new export opportunities for Indonesia.Trump, if he implements this tariff policy, will makeCompetitiveness of Chinese goods in U.S. market plummets. And Indonesia, as an important economy in Southeast Asia, has the opportunity to fill some of the market share.

Indonesia hasRich resources and diverse productse.g.Agricultural, mineral and manufacturing productsetc., which are expected to gain more opportunities in exporting to the United States. Indonesia should actively seize this opportunity, and the government and relevant authorities need toDeveloping Effective StrategiesPromoting national enterprisesImprove product quality and productivityin order to meet theU.S. market needs and standardsThe

at the same timeSimplify the export process and reduce the cost of exporting for enterprisesIn addition, there is a need to enhance the competitiveness of Indonesian products in the international market. In addition, Indonesia needs toStrengthen trade cooperation and communication with potential importing countries such as the United States, and actively explore new trade channels and marketsto promote the economy of the countryDiversificationThe

This threat of tariffs, while bringing international tradeuncertainties, but it also prompted Indonesia to think about how best toTaking advantage of changes in the international situationThe Government of the Republic of Korea has been promoting the development of its own economy.

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