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Report: Indonesia proposes retaliatory tariffs on EU dairy imports

Indonesian Trade Minister Enggartiasto Lukita said he would propose 20% to 25% in tariffs on dairy imports from the EU, which previously proposed anti-subsidy duties on the imports of Indonesia's palm biodiesel, according to Reuters.

Lukita reportedly said he asked importers to seek alternative sources for dairy products rather than relying on supplies from the EU.

In July, the European Commission recommended 8% to 18% in duties on Indonesia's palm biodiesel, saying that Indonesian producers benefited from tax breaks and export financing offered at attractive prices, according to a separate Reuters report. The provisional EU measures may be put in place by Sept. 6.

Previously in March, the bloc said it would phase palm oil out of renewable transportation fuel, adding that the material was no longer considered green.