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.

Hit by US tariffs, Indonesia plans to sell shrimp to China instead. (2025, August 7). BusinessWorld, p. S1/8.