President Donald Trump suggested Wednesday that trade talks with China can wait until tensions in Hong Kong have eased, tweeting: "Of course China wants to make a deal. Let them work humanely with Hong Kong first!"
The issue of currency war, aka currency war, began to be discussed a lot since last week. The reason is weakening of Chinese Yuan exchange rate. The weakness is deep enough, so there is a suspicion that this currency is deliberately weakened.
President of United States (US), Donald Trump decided to postpone a trade attack on China. According to a statement from the US Trade Representative Office (USTR) on Tuesday (8/13), they have decided to postpone the imposition of a 10 percent tariff on 25 imported product lines from China to protect consumers in their country before Christmas season and new year 2020 holiday.
The external sentiment still seems to be the main driver of Rupiah. Because in today's trade (12/8/19), Rupiah weakened against United States (US) dollar.
Bank Indonesia (BI) estimates that Consumer Price Index (CPI) until the first week of August 2019 to experience inflation of 0.12 percent monthly (month-to-month).
President of Indonesia Joko Widodo (Jokowi) and First Lady Iriana on Friday evening arrived at the Halim Perdanakusuma Air Force Base, Jakarta after visiting neighbor countries, Singapore and Malaysia.