Indonesia imposes tariffs on some textile imports until 2022

Indonesia has imposed tariffs on imports of some textile products until November 2022, according to a Ministry of Finance regulation, in a bid to protect local producers from a surge of imports of yarn, fabric and curtains.

“Safeguard duties” of up to IDR11,426 (US$0.78) per metre have been imposed for fabrics in three stages, and the tariff will be gradually lowered by 8 November 2022.

Indonesia will also start imposing tariffs on imports of curtains and yarn during the same period.

For the full story, see the July 2020 edition of Textiles South East Asia. Not a subscriber? Sign up HERE

Posted by Geoff Fisher on 3 July 2020

 

 

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