Indonesia-US Trade Relations Stay on the Agenda Amid a Shifting Tariff Landscape

On 26 February 2026, IBC held a Focus Group Discussion on the Agreement on Reciprocal Trade (ART) and recent developments in U.S. tariff policy.

Participants noted that the ART remains under review ahead of entering into force, while current U.S. tariff measures remain temporary in nature. Should the tariff framework persist, the implications will need to be assessed across industrial competitiveness, business certainty, and investment risk perception, with any policy adjustments also carrying consequences for market access, cost structures, and Indonesia's broader trade outlook.

The forum underscored the need for a careful, evidence-based evaluation weighing potential benefits against adjustment costs and short- and long-term economic impacts.