Trump's trade shock pressures Indonesia to revamp policy, former minister says
TOKYO -- Indonesia's recent economic downturn can only be solved by structurally reforming government policy and the bureaucracy, a former cabinet minister now leading a business lobby group says, noting the U.S. tariffs are providing an unlikely impetus.
"A lot of Indonesians believe that [U.S. President Donald] Trump's trade policies have created the external pressure for internal policy to be changed," Sofyan Djalil, chief executive of the Indonesian Business Council, said. "This shock might help us reform trade policy, bureaucracy and investment requirement policies."
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Yomiuri Shimbun
15 minutes ago
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Japan Today
24 minutes ago
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