n a bold and possibly precipitous move, Trade Minister Zulkifli Hasan announced plans to impose a staggering 200 percent import tariff on Chinese products, notably textile products.
This drastic policy is intended to shield Indonesia’s faltering textile industry from the deluge of Chinese goods that has flooded the country in the wake of the ongoing United States-China trade war.
At its core, the initiative echoes the age-old economic principle of protectionism: Shield…
