April 28, 2025 | 08:57 pm
TEMPO.CO, Jakarta - President Prabowo Subianto has formed three task forces to expedite negotiations with the United States regarding import tariffs. Coordinating Minister for Economic Affairs, Airlangga Hartarto, announced this during a press conference at the State Palace in Jakarta on Monday, April 28, 2025, following his return from a visit to the U.S.
Airlangga detailed that the three task forces are the Trade, Investment, and Economic Security Negotiation Task Force; the Job Creation and Layoff Mitigation Task Force; and the Policy Deregulation Task Force. "The President has approved the formation of these three task forces," he stated.
The former Chair of the Golkar Party explained that the Trade, Investment, and Economic Security Negotiation Task Force will focus on advancing investment negotiations with the U.S. The Job Creation and Layoff Mitigation Task Force has been proactively established by the government. The Policy Deregulation Task Force, meanwhile, aims to improve the investment climate and streamline company permit processes.
Airlangga added that these negotiations aim to achieve a mutually beneficial outcome, as directed by President Prabowo. He asserted that Indonesia maintains a neutral stance towards all countries. "Geopolitically, Indonesia is certainly considered important by the United States," he noted.
Previously, Airlangga indicated that the government would form a deregulation task force, as instructed by President Prabowo, to address potential U.S. tariff policies.
"Deregulation encompasses all areas directed by the President, including those related to exports, imports, and Domestic Component Level (TKDN) requirements for Information and Communication Technology (ICT)," Airlangga stated during a press conference at the Coordinating Ministry for Economic Affairs in Central Jakarta on Monday, April 14, 2025.
Furthermore, the Layoff Mitigation Task Force has been active since the controversy surrounding the 6.5 percent increase in the provincial minimum wage (UMP) in December 2024. At that time, Airlangga announced that the government would establish a task force to mitigate potential mass layoffs resulting from the UMP increase.
"The government will form a task force related to layoffs," Airlangga told journalists when questioned about the potential wave of layoffs at Hotel Mulia, Jakarta, on Sunday, December 1, 2024.
Anastasya Lavenia contributed to the writing of this article.
Editor's Choice: Trump Tariff Negotiations: Airlangga Hartarto Says Technical Discussions in Two Weeks
Click here to get the latest news updates from Tempo on Google News
Prabowo Said to Have Scolded SOE Leaders During Closed Danantara Town Hall
1 jam lalu
Prabowo held a closed meeting with leaders of SOEs during the Danantara Town Hall Meeting at the JCC.
Trump Tariff Negotiations: Airlangga Hartarto Says Technical Discussions in Two Weeks
4 jam lalu
Indonesia and the U.S. have agreed to begin technical negotiations on reciprocal tariffs, commonly known as the Trump tariffs, in the next two weeks.
Top US Firms Hold Talks with Indonesian Govt on Domestic Certification
4 jam lalu
Indonesian government officials met representatives of giant U.S. companies to talk about plans for TKDN relaxation.
President Prabowo to Attend Danantara Townhall Meeting with SOEs
5 jam lalu
President Prabowo Subianto is scheduled to attend a Town Hall Meeting with State-Owned Enterprises (SOEs) at the Jakarta Convention Center on Monday.
The Political Motive Behind the Red-and-White Cooperatives
6 jam lalu
The establishment of 80,000 Red-and-White Village Cooperatives is rife with political interests. It is a Rp400-trillion gamble.
Prabowo, Gibran Meet High-Ranking Officials from South Korean Companies
8 jam lalu
Prabowo meets high-ranking officials from South Korean companies such as Samsung Electronics, SK, Hyundai Motor Group, Lotte, POSCO, and KB Financial Group.
5 Major Deals in Indonesia-US Negotiations Over Trump Tariffs
9 jam lalu
Here are 5 key points agreed upon in the tariff negotiation between Indonesia and the U.S. Has Indonesia benefited?
Retired Military Forum Calls for Vice President Gibran's Removal
21 jam lalu
Forum of Retired Indonesian Military (TNI) Members has formally requested the People's Consultative Assembly (MPR) to replace Gibran Rakabuming as VP.
Progress in Indonesia-U.S. Tariff Negotiations
21 jam lalu
Indonesia has signed a non-disclosure agreement (NDA) with the Office of the United States Trade Representative (USTR).
Keep the Promise to Eliminate Import Quotas
1 hari lalu
Prabowo Subianto wants to eliminate import quotas. This must not simply be a bluff or a way of replacing the existing players.
