Indonesia's Surprise Betrayal: Preparing 200% Tariffs on Chinese Goods
It can truly be said that striking one punch can prevent a hundred from coming. We thought that the United States' 100% tariffs were the limit, and that the European Union's additional tariffs would be the end of it. However, what we did not expect was that the EU's tariff negotiations were far from over, and our neighbor Indonesia suddenly made a different noise.
Indonesian officials have revealed plans to impose nearly 200% tariffs on imported goods, most of which come from Vietnam and China. Is Indonesia also going to learn from the United States and betray its allies? Is Indonesia taking advantage of the EU's tariff alliance to haggle with China?
Is Indonesia betraying its allies?
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It can truly be said that there is nothing you can't imagine, and nothing others dare not do. We thought that the tariffs from Europe and America were as far as it would go, but the most dangerous turn out to be right next to us. Indonesia suddenly took action, and with a 200% tariff increase, is Indonesia going to learn from and side with the United States?
Recently, according to relevant media reports, the Indonesian Trade Minister suddenly announced that the country will impose tariffs of nearly 100% to 200% on imported products such as shoes and ceramics. Moreover, data from the Indonesian Statistics Bureau shows that Indonesia's imported clothing and apparel products mainly come from China, Vietnam, and Bangladesh.
In other words, Indonesia is going to raise tariffs on Chinese imported goods once again. Why say "once again"? Because last year, Indonesia enacted a law to tax nearly 3,000 types of products, but it was eventually abandoned due to its broad scope affecting Indonesian industries. Today, however, Indonesia is taking action again, and it must be said that Indonesia has chosen an excellent timing.
It is important to understand that China, as the world's largest commodity producer and the largest supplier of raw materials, provides many countries with their primary raw materials. Indonesia's increased tariffs will clearly harm our interests.
Moreover, we must recognize the situation we are facing today: the United States is imposing additional tariffs, the European Union is raising tariffs, and even Canada has expressed its intention to raise tariffs on China. It can be said that among developed countries, we are facing an encircled situation and are at a critical moment that requires breaking the stalemate.At this moment, Indonesia has made another move, which can be said to be adding fuel to the fire. To put it bluntly, Indonesia's actions are not far from stabbing in the back.
Moreover, it should be noted that while Indonesia is proposing to impose additional tariffs, our neighbor to the north, India, has not been idle either. It first meddles in our affairs, warning us not to act rashly in the South China Sea. At the same time, India is also assessing whether to tax steel imported from China.
From North America to Europe and now Asia, it can be said that trade barriers are gradually being established everywhere. They all claim to protect their own industries, but how many of their industries are actually based in their own countries? Moreover, apart from Europe and America, how many countries have the most basic industrial chains?
Now, everyone is talking about protecting their own industries. Shouldn't China's industries also be protected? Hasn't the European Union's automobiles impacted China's industries? Haven't Indonesia's primary products and agricultural products also impacted the income of Chinese farmers?
So, today's sudden stand to talk about so-called trade protection, protecting their own industries, is nothing more than a response to the United States' so-called argument that our production capacity is excessive. They want to take action against us, and even if they can't knock us down, they can still gain benefits from us. It can be said that these countries are just taking advantage of the situation.
For us, it's time to act when it's time to act. Even the fairest trade also needs to be maintained by strength. We have built high-speed rail for Indonesia and transferred some technology, but today they talk about this. Then, should our high-speed rail technology also be charged separately?
It can only be said that times change, and since they were the first to act, we can't be blamed for being too ruthless.
How should our country respond?
As the saying goes, it's hard to fight against many with just two fists. Since Europe, America, and other countries have already taken action, and countries like Indonesia are taking advantage of the situation, we can no longer solve the current situation through peaceful means. We must have the courage and spirit to fight back to avoid being attacked by many.We can all see that today, the entire international situation is rapidly undergoing a reversal, with conservative movements emerging in various countries. When it comes to making money, they all talk about so-called free trade, but as soon as their technology falls slightly behind, they start to protect their own industries and build high walls around their own yards.
For us, since we can't exchange for the market today, do we still need to continue ceding the market to them? Don't forget, even to this day, high-tech companies from the United States and the European Union are still making a fortune in China, and luxury goods companies in the European Union are earning excessive profits.
Since everyone wants to protect their own markets, our consumer market of 1.4 billion people also needs to be protected. We must also implement industrial substitution, and we cannot ignore the European Union's behavior of eating and smashing the pot, but should take decisive action.
At the same time, we must make good use of our advantages. Today's market demand is an advantage, and the industrial chain we have completed is also our advantage, not a disadvantage.
Since everyone thinks our products have an impact on their industries, can we directly raise the prices of primary products? After all, we are the world's largest exporter of primary products, and many countries' products actually depend on China's primary raw materials for survival.
Even today, India's most advanced pharmaceutical industry relies on China's chemical raw materials to be completed. It can be said that we have supported the light industrialization of many countries with primary chemical and other raw materials, and this is our means.
In the past, when we exported to create foreign exchange, there was a situation of importing a large amount of raw materials for processing and exporting primary industrial products. Now we should change all this and not let us always bear the burden while they enjoy it, and in the end, it becomes our fault.
For the opportunistic actions of these countries, we cannot sit idly by. Since they impose tariffs on our products, we can use their own methods to deal with them.
Of course, the most important point is that we should grasp the core issue. That is, the instigator of all this is the United States. Without the support of the United States behind the scenes, would countries like the European Union and Indonesia dare to act in such a way?
I think they wouldn't dare to do so even if we lent them some courage. Moreover, since they believe that our industries have impacted them, we will transfer the transferred industrial chain to countries with close relations with us, allowing countries like Vietnam and Thailand to compete. The support for these countries' industries should also be reconsidered.However, in general, the global landscape has undergone a transformation, and we should also change our previous way of thinking. Moderation can no longer resolve issues; instead, strength and tactics are required.