{"id":349106,"date":"2025-04-10T08:11:33","date_gmt":"2025-04-10T01:11:33","guid":{"rendered":"https:\/\/unair.ac.id\/trump-raises-import-tariffs-up-to-32-unair-lecturer-warns-of-potential-economic-threat\/"},"modified":"2025-04-11T14:41:39","modified_gmt":"2025-04-11T07:41:39","slug":"trump-raises-import-tariffs-up-to-32-unair-lecturer-warns-of-potential-economic-threat","status":"publish","type":"post","link":"https:\/\/unair.ac.id\/en\/trump-raises-import-tariffs-up-to-32-unair-lecturer-warns-of-potential-economic-threat\/","title":{"rendered":"Trump raises import tariffs up to 32%, UNAIR lecturer warns of potential economic threat"},"content":{"rendered":"\n

UNAIR NEWS<\/strong> \u2013 U.S. President Donald Trump is once again in the global spotlight following his decision to raise import tariffs on several countries, including Indonesia, which now faces a steep 32 percent levy. Responding to the development, Prof. Rossanto Dwi Handoyo, SE, MSi, PhD, an international economics expert from 51动漫\u2019s<\/a> Faculty of Economics and Business (FEB), shared his analysis of the policy\u2019s potential ramifications.<\/p>\n\n

Prof. Handoyo noted that the tariff hike reflects the United States\u2019 view that international trade remains skewed against American interests, particularly as U.S. exports are often subject to higher tariffs abroad. This imbalance, he explained, has led to persistent trade deficits for the U.S. in recent years. <\/p>\n\n

\u201cTo illustrate, Indonesia posted a USD 31 billion trade surplus last year\u2014half of which came from trade with the U.S. This stands in contrast to the American side, which continues to face high import duties,\u201d he said. \u201cThe tariff increase is intended to improve the U.S. trade position and encourage consumption of domestic goods.\u201d<\/p>\n\n

\"\"
International economics expert at FEB UNAIR, Prof. Rossanto Dwi Handoyo, SE, MSi, PhD (Photo: PKIP UNAIR)<\/figcaption><\/figure>\n\n
Economic fallout<\/strong><\/h5>\n\n

With the tariff increase in effect, Prof. Handoyo warned that Indonesian products in the U.S. market will become more expensive, leading to diminished competitiveness. This could erode Indonesia\u2019s trade surplus and eventually tip the balance toward a deficit.<\/p>\n\n

\u201cUnless the government takes deliberate action, we risk losing that surplus. Our trade balance could fall into deficit, which would further suppress economic growth,\u201d he stated. \u201cGiven that the economy is already projected to grow by only 4.9 percent, a drop in exports to the U.S.\u2014a key trading partner\u2014could drag down GDP.\u201d<\/p>\n\n

He further cautioned that reduced competitiveness may force the closure of export-oriented businesses, increase unemployment, and deter investment in key sectors tied to U.S. demand. Without effective intervention, these economic consequences could become more widespread.<\/p>\n\n

\u201cThis trade conflict, coupled with a weakening rupiah and falling stock market, reveals a broader shift. The U.S. is repositioning itself to defend its domestic industries from foreign competition,\u201d he continued. \u201cWorsening inflation globally and the rupiah nearing a psychological threshold have made investors increasingly cautious about committing capital to Indonesia.\u201d<\/p>\n\n

Strategic path forward<\/strong><\/h5>\n\n

To mitigate these risks, Prof. Handoyo emphasized the importance of diplomatic engagement. He recommended a negotiation-driven approach, highlighting the strategic importance of maintaining strong trade ties with the United States.<\/p>\n\n

\u201cIt’s important to acknowledge how critical the U.S. is to Indonesia\u2014not only as an export destination, but also as a key supplier in sectors like financial services and agriculture, particularly soybean imports,\u201d he explained.<\/p>\n\n

Penulis: Rifki Sunarsis Ari Adi<\/p>\n\n

Editor: Khefti Al Mawalia<\/p>\n","protected":false},"excerpt":{"rendered":"

UNAIR NEWS \u2013 U.S. President Donald Trump is once again in the global spotlight following his decision to raise import tariffs on several countries, including Indonesia, which now faces a steep 32 percent levy. Responding to the development, Prof. Rossanto Dwi Handoyo, SE, MSi, PhD, an international economics expert from 51动漫\u2019s Faculty of Economics […]<\/p>\n","protected":false},"author":79,"featured_media":348896,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[48,50,88],"tags":[168],"class_list":["post-349106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-experts","category-news-en-2","category-news-feb-en","tag-universitas-airlangga-en"],"yoast_head":"\nTrump raises import tariffs up to 32%, UNAIR lecturer warns of potential economic threat<\/title>\n<meta name=\"description\" content=\"U.S. President Donald Trump is once again in the global spotlight following his decision to raise import tariffs on 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