“Overall, we believe this tariff agreement will have a positive impact on market expectations and short-term foreign capital inflows to Indonesia,” Governor of BI Perry Warjiyo remarked here on Wednesday.
He noted that the deal could boost business sentiment among companies and financial sector players, including banks, as they plan future investment and financing decisions.
In general, Indonesia’s central bank welcomed the agreement, emphasizing that it should have a favorable effect on economic prospects, including growth, financial markets, monetary policy, and currency stability.
According to Warjiyo, the agreed 19 percent tariff on Indonesian goods entering the US represents a relatively balanced outcome.
“Overall, we see this as a positive result,” he remarked.
Nevertheless, he stated that BI will conduct further in-depth analysis of the agreement's impact not only on national economic growth and markets but also on Indonesia’s trade balance.
Warjiyo also projected that Indonesian exports, including shipments to the United States, would remain resilient under the new terms.
Since the agreement is also expected to boost US imports into Indonesia, he is upbeat that these imports will be productive in nature and will stimulate investment as well as broader economic activity in Indonesia in the coming years.
“We will present our detailed assessment of the impact of this tariff agreement later,” Warjiyo added.
Earlier, US President Donald Trump announced on Wednesday that all Indonesian goods imported into the US would now face a 19 percent tariff, following direct talks with Indonesian President Prabowo Subianto.
The new tariff marks a reduction from the initial 32 percent rate Trump had announced in April, suggesting that Indonesia’s efforts to renegotiate the terms were at least partially successful.
As part of the deal, Indonesia committed to purchasing US$15 billion (about Rp245.4 trillion) worth of US energy products and US$4.5 billion (about Rp73.6 trillion) in agricultural goods.
Trump further announced that Indonesia had agreed to buy 50 new Boeing aircraft — mainly Boeing 777s.
Related news: US not just demanding market access, but plans to invest: RI
Related news: President Prabowo, Trump agree to boost Indonesia-US trade ties
Related news: U.S. tariff cut shows Indonesia's strategic position: deputy minister
Reporter: Rizka Khaerunnisa, Uyu Liman
Editor: Azis Kurmala
Copyright © ANTARA 2025
