Indonesian Trade Minister Zulkifli Hasan announced on June 28 that Indonesia will revive its plan to protect domestic industries by imposing a 100% to 200% safeguard tax on a range of goods exported from China, including textiles, cosmetics and ceramics. The policy which will take effect after the publication of relevant regulations, may affect cross-border Chinese sellers of footwear, clothing, textiles, cosmetics and ceramics and other export products.

"If we are swamped (by imports), our Msmes could go out of business," Hasan added.

Such moves by Indonesia are due to the changes in the global trade pattern, especially the impact of the Sino-US trade war, and the supply of Chinese products in the international market has shown an oversupply trend.

It is foreseeable that with the slowing of global economic growth and the intensification of the Sino-US trade war, basic hardware industrial products such as nails are also facing the great risk of increasing tariffs in various countries, and we should make plans as soon as possible.