Indonesia to import more from the US to narrow surplus: Minister

US President Donald Trump’s tariffs have pushed countries to look for ways to improve their trade balance with the US and agree on the degree of duties that are levied on their imports.

Indonesia’s plan now is to “narrow” or even eliminate its trading surplus from the United States, Finance Minister Sri Mulani Indravati told CNBC on the sidelines of the IMF Bank.

This happens after there was a country Click 32% Exports in USA President Donald Trump on April 2. Since then, he has reduced his duty to 10% as part of his 90-day pause on tariffs imposed on some countries and goods.

Indravati noted that the resources that perceive the resources, prevents trade through “non -tariff barriers” such as its administrative processes, customs processes for imported goods and taxation procedures.

Indonesia now seeks to import more agricultural products, such as wheat, soy and corn from the US, she said.

“We import not only from the US, but also many others … We can always discuss how we can narrow down and put the United States for the best benefit of providing such agriculture,” she said.

Indonesia can also potentially import oil and gas – especially liquid gas from the US – because its domestic production is insufficient for its energy needs, the Minister of Finance said.

Her comments come as Indonesian trading surplus amounted to $ 4.3 billion between January to March 2025 – Compared to $ 3.61 billion over the same period. Overseas state became the largest participant in the country’s total Southeast Asia country of $ 10.92 billion in the first quarter.

However, Indravati noted that the US trade accounts for less than 2% of the country’s gross domestic product.

“So, it’s not really big,” she added total exports.

However, Indravati said the impact of Trump’s tariffs could potentially be felt in other ways if countries are looking for diversification of their exports from the United States

Bank Indonesia Wednesday held his political rates for third consecutiveSeeking to maintain the stability of the Indonesian Rupee course against the uncertain macroeconomic worldview.

The Central Bank retained its benchmark 7 -day return redemption -also known as BI speed consisting of 5.75%, as expected, all but two of the 26 economists surveyed by Reuters. He also constantly retained his two other policies rates.

This step comes when the Indonesian Rupee reached a record low, while the composite Jakart Index was plunged at the beginning of the month when the capital stretched out after the United States introduced “return tariffs” to countries, including Indonesia.

Solution serve to ensure the stability of Rupee as a Central Bank Continue to evaluate the future room to reduceGiven the inflation rate in the country and growth prospects, Governor Perry Warjio said.

“Our short -term priority is the stability of the currency exchange rate. Once the stability is maintained, the premises for reducing the rate will be more open, and it’s time to decide on the future interest rate policy,” he added.

Rupee weakened 0.12% to the dollar up to 16 800 on Thursday, a day after the BI speed decision.