Donald Trump US policy Out Of Trans-Pacific Partnership (TPP)

PT Equityworld, Jakarta President of the United States (US) Donald Trump will apply trade protection. One of the policies of that, Trump decided the US out of the Trans-Pacific Partnership (TPP).

Seeing the possibility that the planned US government, Bank Indonesia believes there needs to be some anticipation that made Indonesia and other countries. One that does is increase trade between countries in Asia. Because Trump policy can reduce the volume of trade between countries in the world.

"It should be forward (increase) of intraregional trade. If the US did protectionist fairly tight, which means that in the Asian region is accordingly needs to be improved intraregional trade," said Head of the Department of Economic Policy and Monetary Bank Indonesia (BI) Juda Agung at the Bank Indonesia on Wednesday (01/25/2017).

Only, Juda estimate planned policies that Trump will not run smoothly. At least there are some things that must be built in the US state itself.

Although the US is a developed country, some of the raw material are not all coming from within the country. This was the point which will be considered by Donald Trump.

Therefore, Juda saw markets in the world, it is still wait and see. "The policy as to what the market is still waiting for concrete to be like. Because of course, it also has fiscal eg boundaries, limits the deficit, limit the percentage of public debt. Then also from the trading side of course this would be the reaction to the growth of the American economy States, "he said.

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