Centre of Economic and Law Studies

organization

Last mentioned: Mar 7, 2026

Timeline

  1. Sovereignty Debate

    Domestic critics and think tanks like CELIOS raise alarms over the loss of regulatory autonomy.

  2. Government Defense

    Minister Airlangga Hartarto labels the deal a 'win-win' to protect 20 million textile jobs.

  3. Supreme Court Ruling

    US Supreme Court strikes down the legal basis for the 32% tariff threat used to leverage the deal.

  4. Agreement Signed

    President Prabowo Subianto signs the reciprocal trade deal in Washington.

Stories mentioning Centre of Economic and Law Studies 1

Financial Regulation Bearish

Indonesia’s US Trade Deal Sparks Sovereignty Crisis Amid Legal Shift

President Prabowo Subianto's new trade agreement with the United States faces intense domestic scrutiny following a US Supreme Court ruling that invalidated the tariff threats used to leverage the deal. The lopsided agreement imposes over 200 regulatory obligations on Indonesia in exchange for just nine from the US, raising concerns over national sovereignty.

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