Overview

On 2 April 2025, the President of the United States of America (“US”) announced the imposition of a new set of import tariffs on a number of countries as part of efforts to address the US trade deficit and trade practices that it deems unfair.^[1] This policy includes a base tariff of 10% that has been imposed on nearly all of the US’s trading partners, as well as higher additional tariffs that will be imposed upon 57 specific countries, including a 32% tariff on imported products from Indonesia.^[2]