Indonesia Cracks Down on E-commerce to Protect Local Businesses
- Indonesia has introduced measures to limit sales of cheap imports on e-commerce platforms like Shopee, Lazada, and TikTok Shop to protect local businesses. - The government plans to impose import duties of up to 200% on various goods, mainly targeting Chinese imports, to support local micro, small, and medium enterprises. - Other Southeast Asian countries are also implementing higher import duties and bans on certain goods to protect local businesses from the surge of cheap Chinese imports. - While the measures aim to support local industries, experts warn that higher import duties could lead to tensions and potential retaliation from other countries. Source: [Rest of world](https://restofworld.org/2024/indonesia-import-tax/)
Tokopedia and GoTo group as a whole might also suffer, since they've now partnered with TikTok shop last year.