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Carriers switch focus to Indonesian shipping services after tariff reduction - The Loadstar
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Carriers switch focus to Indonesian shipping services after tariff reduction - The Loadstar
Intra-Asia carriers are paying more attention to Indonesia as exports exceed imports and South-east Asia’s largest economy continues to post trade surpluses. From January to July, Indonesia booked a trade surplus of $23.65bn, and the US reducing reciprocal tariffs on its imports to 19%, from a proposed 32%, bodes well for its exports. In comparison, Vietnam and Bangladesh, which like Indonesia, are also textile manufacturing centres, have higher…
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