Yogyakarta, Aug. 22 -- Bank Indonesia (BI) remains confident that Indonesia's export performance will stay positive despite the dynamics of the United States' reciprocal tariff policy.
The imposition of lower tariffs compared to other countries is considered capable of maintaining external stability and boosting investor confidence, which supporting stronger investment and drives economic growth.
"Generally, because the tariffs are lower, market confidence is higher. So, we expect exports to increase in the future," said Juli Budi Winantya, Director of the Economic and Monetary Policy Department at BI, during a media discussion in Yogyakarta on Friday.
Since August 7, the U.S. has expanded its reciprocal tariff scheme from 44 to 70 cou...
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