On July 6, Indonesian Coordinating Minister of Oceans and Investment Luhut clarified the speculation of "200% import tariff" on the 5th. He said that the move is not aimed at any specific country, let alone China. According to Luhut, on June 25, 2024, Indonesian President Joko Widodo chaired a coordination meeting and decided to protect domestic industries in accordance with existing regulations and applicable international trade norms. One of the measures was to impose safeguard tariffs on seve...