US Tariffs May Cut Indonesia Growth by Up to 0.5 Percentage Points, Minister says

MACROECONOMICS - KUALA LUMPUR. Planned U.S. tariffs could reduce Indonesia's potential growth by 0.3 to 0.5 percentage points, but a 90-day pause in implementing the levies allows time to discuss solutions, Indonesia's finance minister told Reuters on Thursday.

Minister Sri Mulyani Indrawati said Indonesia welcomes the 90-day pause as it provided an opportunity to mitigate or avoid the downside risks from tariffs to economic growth.

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