JAKARTA, RAKYAT NEWS – Indonesia is taking decisive action to address the increasing pressure from the U.S. import tariffs, which have reached as high as 32%. In response, the Indonesian government will reduce the export tariff on crude palm oil (CPO) by up to 5%. This decision, announced by Finance Minister Sri Mulyani Indrawati, aims to ease the burden on local producers and maintain the competitiveness of Indonesia’s palm oil exports in the global market.

The U.S. has imposed steep tariffs on Indonesian goods, including palm oil, significantly affecting the country’s agricultural exports. As a result, Indonesia currently levies an export fee on CPO, which can reach as much as US$288 per ton, depending on the price reference. These high tariffs have created challenges for Indonesian producers, especially with the increasing global competition in the palm oil sector.

To alleviate this situation, the Indonesian government will adjust the export duties on CPO, with reductions ranging from 0% to 25%. Minister Sri Mulyani stated that the adjustment would result in a tariff reduction equivalent to 5%, a step aimed at making Indonesian exports more competitive against the backdrop of increasing global trade barriers.

In addition to adjusting export tariffs, the government will speed up the implementation of anti-dumping duties and safeguard measures for palm oil products. These measures are designed to protect Indonesia’s CPO exports from unfair trading practices in the international market. The government plans to expedite the application of these measures, reducing the process time to just 15 days, thus providing more timely protection for local industries.