Tag: Indonesia
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Jakarta mounts a high-level diplomatic push to sign and ratify its landmark trade pact with the European Union before the end of 2026, targeting entry into force in early 2027 as new tariff pressure from Washington and a mixed WTO ruling sharpen the case for market diversification. International Trade Desk | Peacock Tariff Consulting JAKARTA,…
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Indonesia scraps import duties on aircraft spare parts and on LPG bound for petrochemical plants in a second-half stimulus push, handing cost relief to airlines and plastics producers just as new United States tariffs begin to bite across Southeast Asia. International Trade Desk | Peacock Tariff Consulting JAKARTA, July 28 – Indonesia has eliminated import…
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Indonesia is pressing ahead with a sweeping plan to centralize exports of its most valuable commodities, creating regulatory uncertainty for natural-resource producers and the global buyers who depend on them. As of June 1, 2026, coal, palm oil and ferroalloy producers must submit export documents to a newly created state-owned firm, PT Danantara Sumberdaya Indonesia…
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For half a decade the nickel story was a story about surplus. Indonesia built an industrial machine that flooded the world with metal, prices ground lower, and producers from Australia to New Caledonia to Canada were forced offline because they simply could not compete with the cost curve Jakarta had engineered. That narrative is now…
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Mid-Voyage Cargo Redirection and Price Arbitrage Dynamics Liquefied natural gas tankers that were originally destined for Europe have literally reversed course mid-voyage and are redirecting to Asian markets, seeking higher prices for LNG cargo. A significant Europe-bound LNG tanker recently turned around to pursue Asian spot market demand after evaluating relative prices in competing markets.…
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Indonesia’s Largest Petrochemical Producer Faces Critical Feedstock Constraint Chandra Asri Pacific, Indonesia’s largest petrochemical producer, has declared force majeure, effectively announcing that it cannot meet contractual obligations due to extraordinary circumstances beyond its control. The force majeure declaration reflects a critical constraint in its primary feedstock supply-naphtha-which flows through the Strait of Hormuz from Middle…
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A Transformative Trade Agreement The newly finalized U.S.-Bangladesh trade agreement represents a significant recalibration of American tariff policy toward textile and apparel imports. Under the agreement’s centerpiece provision, textiles and apparel manufactured in Bangladesh from U.S.-origin cotton or fiber receive preferential duty-free treatment, entering the United States at a 0% tariff rate. By contrast, identical…
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Canada’s Pivot to Asia: Navigating Trade Turbulence with the Trump Administration Canada is actively pivoting toward Asia as a strategic response to stalled trade negotiations and punitive tariffs imposed by the Trump administration, marking a significant shift in its global trade posture. A Year of Strained Canada–U.S. Trade Relations The past year has been particularly…
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Background and Strategic Importance The United States and Indonesia have long maintained a complex trade relationship. Indonesia, Southeast Asia’s largest economy, is a critical partner for Washington’s Indo-Pacific strategy. With a population of over 270 million and a rapidly growing middle class, Indonesia represents both a major export market and a strategic counterweight to China’s…
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A balancing act between giants – leveraging opportunities with the US, EU and China while defending domestic industrialization priorities Author: Maria Pechurina, Director of International Trade @ Peacock Tariff Consulting Indonesia has quickly emerged as a dynamic hot-spot for global supply chain reshuffling, successfully balancing its relationships with the US, EU, and China while prioritizing domestic industrialization…