JAKARTA: The government has signed a regulation to impose safeguard duties on woven cotton fabrics to curb imports of the commodity in a bid to protect local industry. Finance Ministry Regulation No. 98/2025 was signed by Finance Minister Purbaya Yudhi Sadewa on Dec 22, with the tariffs set to take effect soon.
The regulation states that authorities may impose import duties or safeguard tariffs when “there is a surge in imports” of a commodity that directly competes with domestically produced goods, in order to prevent injury to the domestic industry.
