Indonesia
RI PALM OIL PRODUCERS EYE AFRICAN, MIDDLE EASTERN MARKETS AS US TARIFFS TAKE EFF
Indonesian crude palm oil (CPO) exports to the United States could face stagnation after US President Donald Trump imposed a 32 percent tariff on goods imported from the country, Indonesian Palm Oil Association (Gapki) chairman Eddy Martono said on Friday. Eddy suggested the government ease the domestic market obligation (DMO), export approval requirements and export duties to mitigate the impact of the newly imposed tariff on the commodity. “We must also look for new export markets,” he told The Jakarta Post on Friday, saying businesses could consider targeting markets in Africa, Central Asia and the Middle East. The US is Indonesia’s largest export destination after China and accounted for slightly more than half of Indonesia’s total US$31 billion trade surplus in 2024. The tariffs come as a response to “unfair” trade practices, according to the White House, citing local content requirements (TKDN), complex import licensing and a rule requiring natural resource firms to onshore export revenues above $250,000, among other policies it deemed problematic for foreign businesses.Source : https://www.thejakartapost.com/business/2025/04/04/ri-palm-oil-producers-eye-african-middle-eastern-markets-as-us-tariffs-take-effect.html (ICE GIACARTA)
Fonte notizia: The Jakarta Post, 04/04/2025