JAKARTA: A celebratory and hopeful tone has been raised over the United States’ decision to lower Indonesia’s trade tariff to 19 per cent, but analysts have warned that the country may still face tricky situations ahead as nonaligned Jakarta works to rebalance ties with other key economic partners.
Indonesia’s ambition to be less reliant on volatile superpowers could be challenged by its new obligation to purchase more American goods, observers have added, who also warned that the decision to significantly lower trade barriers for Washington may ruffle feathers among other key partners if not managed properly.
