Home Indonesian TradeMin Lukita: Rcommends tariffs on EU dairy to fight biodiesel duties

Indonesian TradeMin Lukita: Rcommends tariffs on EU dairy to fight biodiesel duties

Published date: 9 Aug. 2019 | 08:37

Reuters reports the latest comments from Indonesia’s Trade Minister Enggartiasto Lukita, as he recommends his inter-ministerial team a 20%-25% tariff on EU dairy products.

The recommendation comes in response to the EU’s plan to impose anti-subsidy duties of 8%-18% on biodiesel.

The USD/IDR pair continues to trade around a flat-line just below the 14,200 mark, as markets weigh in the latest trade headlines.

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