Deputy Minister of State-Owned Enterprises (SOEs) Aminuddin Ma’ruf views the reciprocal tariff policy introduced by U.S. President Donald Trump as an important momentum for Indonesia to revitalize its national industry and harness domestic strengths. Speaking at the 2025 BUMN Dharma Santi event in Jakarta, Aminuddin noted that while the U.S. tariff policy poses a challenge, it also serves as a push for Indonesia to accelerate industrial transformation and boost the global competitiveness of its SOEs. “This is our challenge, our momentum to revitalize the industry,” he said. Although he did not elaborate on the direct impact of the tariffs on SOEs, Aminuddin stressed the need to build a resilient and self-reliant industrial base.
Earlier, President Prabowo Subianto expressed his concerns following the U.S. decision to impose a 32% reciprocal tariff on Indonesian imports, and a 10% general tariff on all countries. In a televised interview, he highlighted Indonesia’s long-standing ties with the U.S. and called for fair treatment. Prabowo also announced he would send Coordinating Minister for Economic Affairs Airlangga Hartarto to Washington for negotiations. Confident in finding a middle ground, Prabowo cited past cooperation offers from the U.S., such as oil and gas imports, and urged Pertamina to import directly from mutually beneficial partners. The new U.S. tariff policy came into effect gradually starting April 5, 2025, with country-specific rates—Indonesia facing 32%, and other ASEAN countries ranging from 10% to 49%.
