Potential Impact of Trump Victory: Rupiah Stability and Global Economic Challenges.

Bank Indonesia is closely monitoring the potential impact of a Donald Trump victory in the 2024 US presidential election on inflation and the rupiah exchange rate. Central Bank Governor Perry Warjiyo anticipates that, should Trump emerge victorious, the US dollar will strengthen and interest rates will remain high. Additionally, he anticipates the trade conflict with China to persist. These factors would have consequences for the economies of all countries, especially developing nations like Indonesia. Warjiyo identifies three key concerns for the central bank: the potential impact on the rupiah exchange rate, the risk of capital outflows, and the growing uncertainty in global financial markets. Bank Indonesia is prepared to respond to these challenges by carefully managing the exchange rate and intervening in the market. Despite the global turmoil, the rupiah exchange rate has remained relatively stable so far.

Respons Bank Indonesia soal Trump jadi Presiden AS, Begini 3 Dampak ke Nilai Tukar Rupiah

Challenges and Opportunities Amid Trade Tensions.

China is preparing for an increase in competition with the United States under the presidency of Donald Trump. Despite concerns over his victory in the 2024 election, Chinese strategists believe that his isolationist foreign policy may provide Beijing with an opportunity to expand its global influence. While they anticipate a confrontational approach from Trump, including potentially damaging tariffs, they also anticipate a close race in the US election. The Chinese government is likely to maintain a cordial personal relationship with Trump while focusing on projecting China's strength and power. Trump has proposed tariffs on a significant percentage of Chinese imports, which has caused concern among Chinese leaders and the possibility of a trade war.

Donald Trump jadi Presiden, Siap-Siap Hubungan AS-China Kembali Memanas

Vietnam records Smallest Trade Surplus: Imports Surge, Exports Remain Positive.

In October, Vietnam reported a trade surplus of $2 billion, representing a slight narrowing from the previous month. This was due to a faster rate of growth in imports compared to exports. Vietnam's economic growth is heavily reliant on exports, with the country acting as a regional manufacturing hub. In October, export growth reached 10.1% year-on-year, while imports expanded by 13.6%. This resulted in the smallest trade surplus since May. The majority of imports in October consisted of raw materials for manufacturing. China is Vietnam's largest import partner, accounting for 37% of Vietnam's imports this year. From January to October, exports rose by 14.9% to $335.59 billion, while imports increased by 16.8% to $312.28 billion. Additionally, industrial production in October grew by 7% compared to the previous year, reflecting the impact of Typhoon Yagi on the country.

Vietnam Catat Surplus Perdagangan US$ 2 Miliar di Oktober, Terendah Sejak Mei