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