Indonesia's International Trade Policy During The Covid-19 Pandemic: Imposition of Anti-Dumping Duties on Hot Rolled Coil Products of Other Alloys From China
Keywords:
Anti-dumping, COVID-19, Economic Nationalism, Pandemic, Trade PolicyAbstract
The COVID-19 pandemic generated profound economic disruptions that affected Indonesia’s trade dynamics and industrial stability. In response, the Indonesian government implemented a series of economic policies aimed at mitigating these challenges, including the adoption of trade remedy policy. This study analyses Indonesia’s international trade policy during the COVID-19 pandemic, focusing on the imposition of Anti-Dumping Duties (BMAD) on Hot Rolled Coil of Other Alloy (HRC Alloy) products imported from China. This study uses qualitative methods employing the theoretical lens of economic nationalism. This research explores the underlying rationale, implementation process, and implications of the policy for the domestic steel industry. The findings reveal that the imposition of BMAD was designed to protect Indonesia’s national steel industry from the adverse effects of dumping practices that had significantly harmed local producers. Moreover, this policy demonstrates a broader state strategy to secure industrial resilience and promote long-term economic self-sufficiency amid global uncertainty. By safeguarding domestic production capacity, the Indonesian government not only aimed to stabilise its industrial sector during the crisis but also reinforced its commitment to building a more independent and competitive national economy. Overall, this research highlights the relevance of economic nationalism in shaping Indonesia’s trade policy responses during periods of economic crisis.
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