REPUBLIKA.CO.ID, JAKARTA -- US-China trade tensions have not appeared to affect Indonesia, Asian Development Bank (ADB) senior economist, Priasto Aji, said. Based on ADB's assessment, in general, the impact (of the tensions) on Indonesia is not too large, he said after a media briefing here on Wednesday.

The impact of a looming trade war between the world's largest economies on Indonesia will not be significant as the Indonesian economy is driven by domestic activities, he said.

"The looming trade war may have an impact on economic activities in China and the US. But the impact is still invisible in Indonesia," he said.

Also read: Indonesia urges US to conduct fair trade

Fears over a looming trade war between China and the US has been mounting after the Trump administration raised import duties on steel to 25 percent and aluminum to 10 percent.

The US has set high trade tariffs as part of the efforts to press China to equalize itsbalance of trade with China.

The US felt it was deceived by China which enjoyed a surplus of US$50 billion per year in its trade with China.

In Its official website, the China Trade Ministry on Thursday (April 5) stated the Chinese government will impose 25 percent tariffs on 106 US products in retaliation to the US decision to impose import duties on 1,300 Chinese products.

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