The move by the United States (US) government to impose a 32 percent tariff on Indonesian products will directly impact the textile and garment industry in the country where the new tariff to take effect on August 1, 2025. The Executive Director of the Indonesian Textile Association (API), Danang Girindrawardana, said that business owners still hope that the US government will lower the tariff. If not, entrepreneurs need to seek new export markets. According to Danang, redirecting exports to other countries is a possible scenario if Indonesian products are affected by the tariff increase, as the prices of Indonesian products become less competitive compared to those of other textile-producing countries. Currently, the American market can absorb up to 40 percent of textile products from Indonesia. The Council of Experts of the Indonesian Employers' Association (Apindo) considers this percentage to be very high. Now, entrepreneurs have to put their thinking caps on to compensate for or redirect this portion to other potential countries if import tariffs rise.Source : https://en.tempo.co/read/2026575/indonesian-textile-entrepreneurs-brace-for-new-market-opportunities-amid-32-import-tariff (ICE GIACARTA)

Fonte notizia: Tempo, 10/07/2025