JAKARTA (Reuters) – Indonesia will impose safeguard duties of 100% to 200% on imports starting from footwear to ceramics, reviving a plan to guard home industries, the commerce minister stated.

The deliberate import duties common greater than 100%, Commerce Minister Zulkifli Hasan instructed reporters on Friday. “If we are flooded with (imported goods), our micro, small and medium enterprises could collapse.”

Southeast Asia’s largest financial system issued a regulation late final yr to tighten monitoring for greater than 3,000 imported items, from meals substances to electronics to chemical substances.

Nevertheless, the regulation was reversed after home trade stated it hindered the movement of imported supplies wanted by home trade.

Duties might be imposed quickly and will have an effect on imports of footwear, clothes, textiles, cosmetics and ceramics, Zulkifli stated.

The Indonesian Commerce Safeguards Committee is investigating to find out obligation charges, senior commerce ministry official Budi Santoso stated on Saturday.

Indonesia primarily imports attire and clothes equipment from China, Vietnam and Bangladesh, knowledge from the statistics bureau present.