Tariffying Times

Unless you’ve worked a lot in logistics and cross-border trade, you may not be aware of the global tariff system. Most countries have a base tariff rate, with variations based on protected products and industrial sectors, or socio-cultural mores that levy a “sin tax” on consumers who enjoy certain luxuries—alcohol and tobacco being the most common.

As of April 3, 2025, Indonesia imposes import tariffs on goods from the United States in accordance with its Most-Favored-Nation (MFN) tariff schedul...