Bracing a Trade War on Autopilot

The trade war between the US and China is poised to create significant challenges for the global economy. However, the Indonesian government appears indifferent.

Yopie Hidayat

December 16, 2024

INDONESIA’s current predicament mirrors the old proverb: when elephants fight, it is the grass that suffers. The trade war between the world’s two economic giants, the United States and China, has yet to formally begin, but its impact is already being felt across the globe. Financial markets have started to tremble, and the Indonesian market is no exception. One indicator: last weekend, the rupiah slid past the psychological thre

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