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JAKARTA — Indonesia's President-elect Prabowo Subianto has defended his plan to expand government agencies, saying it is needed for a strong administration even if critics call it a "fat" cabinet that will bloat the bureaucracy.
Beijing’s strategy to boost trade relations with countries in the Global South to diversify away from closing Western markets has taken a hit with Indonesia’s announced intention to impose a 100-200% tariff on China’s labor-intensive goods.
TOKYO -- Indonesia's plan to introduce new import tariffs on items like clothing and cosmetics is not the answer for local industries struggling to grow, the head of a major local business group, said in an interview in Tokyo.
The tariff plan was first revealed by Trade Minister Zulkifli Hasan last week.
JAKARTA (Reuters) -- Indonesia will impose safeguard duties of 100% to 200% on imports ranging from footwear to ceramics, reviving a plan to protect domestic industries, the trade minister said.