• Latest
  • Trending
US seeks $350 million annual sanctions in Indonesia trade dispute

US seeks $350 million annual sanctions in Indonesia trade dispute

August 14, 2018
Young car enthusiasts spend $7.2 billion a year customizing vehicles

Young car enthusiasts spend $7.2 billion a year customizing vehicles

February 20, 2021
Indonesian billionaire family in the crosshairs of corruption reporting

Indonesian billionaire family in the crosshairs of corruption reporting

February 11, 2021
Greenpeace: A threat to national security?

Greenpeace: A threat to national security?

February 10, 2021
Myanmar’s military takes power detains Suu Kyi

Myanmar’s military takes power detains Suu Kyi

February 2, 2021
Top 20 Hottest African Women

Top 20 Hottest African Women

February 2, 2021
How Africa can benefit from the new commodity super cycle

How Africa can benefit from the new commodity super cycle

February 2, 2021
Moving Israel to CENTCOM: Another Step Into the Light

Moving Israel to CENTCOM: Another Step Into the Light

February 2, 2021
Did Donald Trump Successfully Realign U.S. Global Power and Interests?

Did Donald Trump Successfully Realign U.S. Global Power and Interests?

February 2, 2021
Trump gone, Biden here…and Indonesia?

Trump gone, Biden here…and Indonesia?

January 29, 2021
Moscow: The Navalny riots

Moscow: The Navalny riots

January 26, 2021
Dutch PM condemns riots as ‘criminal violence’

Dutch PM condemns riots as ‘criminal violence’

January 26, 2021
Trump the Swamp Terror warns “We will be Back”

Trump the Swamp Terror warns “We will be Back”

January 26, 2021
citizendaily
  • Asia News
    • Northeast Asia
      • China
      • Japan
    • North Korea
    • Oceania
      • Australia
      • New Zealand
    • South Asia
      • Afghanistan
      • Bangladesh
      • India
      • Pakistan
    • Southeast Asia
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
  • World News
    • Africa
    • Europe
      • Germany
      • United Kingdom
    • Latin America
      • Cuba
      • Mexico
    • Middle East
      • Gulf States
      • Iran
      • Iraq
      • Saudi Arabia
      • Syria
    • North America
      • Canada
      • United States
    • Russian Federation
  • Economy
    • Brexit
    • Free Market
  • Politics
    • ASEAN
    • Diplomacy
    • ISIS
    • National Defence & Security
  • Editorial
  • Environment
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Lifestyle
    • Books & Literature
    • Entertainment
    • Food & Dining
    • Religion
    • Travel
    • Tech
  • Sports
No Result
View All Result
Thursday, February 25, 2021
  • Asia News
    • Northeast Asia
      • China
      • Japan
    • North Korea
    • Oceania
      • Australia
      • New Zealand
    • South Asia
      • Afghanistan
      • Bangladesh
      • India
      • Pakistan
    • Southeast Asia
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
  • World News
    • Africa
    • Europe
      • Germany
      • United Kingdom
    • Latin America
      • Cuba
      • Mexico
    • Middle East
      • Gulf States
      • Iran
      • Iraq
      • Saudi Arabia
      • Syria
    • North America
      • Canada
      • United States
    • Russian Federation
  • Economy
    • Brexit
    • Free Market
  • Politics
    • ASEAN
    • Diplomacy
    • ISIS
    • National Defence & Security
  • Editorial
  • Environment
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Lifestyle
    • Books & Literature
    • Entertainment
    • Food & Dining
    • Religion
    • Travel
    • Tech
  • Sports
No Result
View All Result
citizendaily
No Result
View All Result

US seeks $350 million annual sanctions in Indonesia trade dispute

August 14, 2018
in Economy, Featured, Indonesia, United States
0
Home Economy
Post Views: 240

 

The United States has asked the World Trade Organization to let it impose sanctions on Indonesia after winning a trade dispute that it said cost U.S. business up to $350 million in 2017, a U.S. filing published by the WTO showed on Monday.

The United States and New Zealand both won WTO rulings last year against Indonesian import restrictions on food, plants and animal products, including apples, grapes, potatoes, onions, flowers, juice, dried fruit, cattle, chicken and beef.

Indonesia also lost an appeal. The latest U.S. filing said Indonesia had not complied with the ruling, so Washington was seeking annual sanctions to compensate for the damage done to U.S. interests.

RelatedPosts

EU’s Phil Hogan Considers Applying for WTO Head Role

What Asia can expect from the G7

“Based on a preliminary analysis of available data for certain products, this level is provisionally estimated at up to approximately $350 million for 2017,” it said. “The United States will update this figure annually, as Indonesia’s economy continues to expand.

Indonesia is still studying the U.S. move to seek sanctions, said Oke Nurwan, trade ministry’s director general of foreign trade, adding that authorities believe Jakarta had complied with the WTO panel decision. He said rules on Indonesian food imports had already been revised.

The process of seeking compensation often take years, and Indonesia is likely to contest the size of any potential sanctions. There was no immediate sign of a similar sanctions request from New Zealand, which said last year Indonesia’s restrictions were estimated to have cost New Zealand beef sector up to NZ$1 billion. ($673 million)

Indonesia has been lobbying senior U.S. officials to keep the Southeast Asian nation on a list of countries that receive special trade terms under the Generalized System of Preferences, a facility that gives reduced tariffs to about $2 billion of Indonesian exports.

The U.S. Trade Representative’s Office in April said it was reviewing Indonesia’s eligibility for GSP in light of Jakarta’s imposition of a wide array of trade and investment barriers that create serious negative effects on U.S. commerce.

Indonesia’s trade minister Enggartiasto Lukita in July said he will advise Washington that Indonesia will remove trade barriers for U.S. apples following a WTO ruling as part of lobbying for GSP. Indonesia scrapped a quota system for beef imports in 2016.

Tags: Global Trade BarriersUS VS Indonesia Trade DisputeWorld Trade Organization (WTO)WTO Sanctions
Previous Post

8 killed in Indonesian plane crash, 12-year-old lone survivor

Next Post

What might Jokowi’s vice presidential pick mean for religious freedom?

Related Posts

Young car enthusiasts spend $7.2 billion a year customizing vehicles
Asia News

Young car enthusiasts spend $7.2 billion a year customizing vehicles

February 20, 2021
Indonesian billionaire family in the crosshairs of corruption reporting
Asia News

Indonesian billionaire family in the crosshairs of corruption reporting

February 11, 2021
Greenpeace: A threat to national security?
Climate Change

Greenpeace: A threat to national security?

February 10, 2021
Myanmar’s military takes power detains Suu Kyi
ASEAN

Myanmar’s military takes power detains Suu Kyi

February 2, 2021
Top 20 Hottest African Women
Culture

Top 20 Hottest African Women

February 2, 2021
How Africa can benefit from the new commodity super cycle
Asia News

How Africa can benefit from the new commodity super cycle

February 2, 2021
Next Post
What might Jokowi’s vice presidential pick mean for religious freedom?

What might Jokowi’s vice presidential pick mean for religious freedom?

Translate

Subscription

Popular Post

Young car enthusiasts spend $7.2 billion a year customizing vehicles
Asia News

Young car enthusiasts spend $7.2 billion a year customizing vehicles

February 20, 2021
0

    London (19/2 – 40). With reporting from BPT. For many car owners, their vehicle is an extension of their...

Read more

NGOs call for mass boycott of palm oil giant IOI

June 29, 2016
No peace for Greenpeace

No peace for Greenpeace

July 1, 2016

The Case Against Greenpeace

July 1, 2016
Children in ISIS Nusantara Media Outreach

Children in ISIS Nusantara Media Outreach

July 2, 2016
  • About Us
  • Creative Commons
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Contact Us

Topics

Follow Us

About Us

citizendaily.news is part of the citizen Daily Media Group LLC, which delivers daily news around the globe. ​

© 2012 The Citizen Daily

No Result
View All Result
  • Asia News
    • Northeast Asia
      • China
      • Japan
    • North Korea
    • Oceania
      • Australia
      • New Zealand
    • South Asia
      • Afghanistan
      • Bangladesh
      • India
      • Pakistan
    • Southeast Asia
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
  • World News
    • Africa
    • Europe
      • Germany
      • United Kingdom
    • Latin America
      • Cuba
      • Mexico
    • Middle East
      • Gulf States
      • Iran
      • Iraq
      • Saudi Arabia
      • Syria
    • North America
      • Canada
      • United States
    • Russian Federation
  • Economy
    • Brexit
    • Free Market
  • Politics
    • ASEAN
    • Diplomacy
    • ISIS
    • National Defence & Security
  • Editorial
  • Environment
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Lifestyle
    • Books & Literature
    • Entertainment
    • Food & Dining
    • Religion
    • Travel
    • Tech
  • Sports

© 2012 The Citizen Daily