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    Hit by US tariffs, Indonesia plans to sell shrimp to China instead

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    Date
    August 7, 2025
    Author
    Reuters
    Metadata
    Show full item record
    Classification code
    BW20250807_S1/8
    Excerpt
    At a shrimp farm in Indonesia, more than 16,000 kilometers (9,942 miles) from Washington, DC, US President Donald J. Trump’s import tariffs have left Denny Leonardo’s expansion plans in disarray. Mr. Leonardo had aimed to add about 100 new ponds this year to his 150-pond farm on the southwestern tip of Java island, but was forced to reconsider when US orders dried up in the wake of Mr. Trump’s initial tariff threats in April. And while the latest 19% tariff, agreed with Washington in July and due to take effect this week, is less than the initial 32%, Mr. Leonardo is counting the cost to his business.
    Citation
    Hit by US tariffs, Indonesia plans to sell shrimp to China instead. (2025, August 7). BusinessWorld, p. S1/8.
    URI
    http://hdl.handle.net/20.500.12174/16829
    Associated content
    Online version
    Personal Names
    Trump, Donald Tamsil, Andi Budhi, Wibowo
    Geographic Names
    Indonesia China Java Island United States
    Subject
    shrimp culture aquaculture economics international trade tariffs exports economic impact
    Collections
    • BusinessWorld [884]

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