The textile industry is set to be among the hardest hit by the recent United States tariff hikes, with 40 percent of Indonesian textiles and apparel exports bound for the American market. Industry players warn that the 32 percent so-called “reciprocal” tariff to be imposed on Indonesian goods once a 90-day suspension granted for bilateral negotiations ends could “accelerate layoffs” in a sector already struggling before the policy surfaced. Textile industry associations have suggested increasing imports of raw materials like cotton from the US as a bargaining chip to balance bilateral trade and potentially lower the looming tariff, as well as protecting the domestic market by constraining imports.Source : https://www.thejakartapost.com/business/2025/04/13/hit-hard-by-tariffs-textile-makers-want-to-ramp-up-us-cotton-imports.html (ICE GIACARTA)

Fonte notizia: The Jakarta Post, 13/04/2025