# Bali trippers can thank Trump as rupiah hits 5-year low on tariffs, Prabowo plans - The Business Times

> The rupiah hit a five-year low of 16,568 per dollar on Friday as foreign investors pulled out of stocks amid escalating US tariff moves and worries over Jakarta's fiscal policy. Trump confirmed 25% tariffs on Canada and Mexico from March 4 and an extra 10% on China.

- Date: 2025-02-28 · published 2025-02-28T12:00:00.000Z
- Category: trade · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/26358-bali-trippers-can-thank-trump-as-rupiah-hits-5-year-low-on-tariffs-prabowo
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Tariffs on China, Canada and Mexico cut trade flows for grains and oilseeds, while a weaker rupiah makes Indonesian feed imports more expensive.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-11-26 | [Trump tariff vow hits Mexican and Canadian currencies, yen firm \| Reuters](https://feedsoft.ai/events/27632-trump-tariff-vow-hits-mexican-and-canadian-currencies-yen-firm-reuters.md) | -0.0% | +1.1% |
| DXY | 2025-02-10 | [Rupiah Terpukul Pengumuman Tarif Baru Trump](https://feedsoft.ai/events/26362-rupiah-terpukul-pengumuman-tarif-baru-trump.md) | -1.0% | -1.7% |
| DXY | 2025-01-31 | [Canadian dollar tanks, gold soars as Donald Trump vows tariffs](https://feedsoft.ai/events/26755-canadian-dollar-tanks-gold-soars-as-donald-trump-vows-tariffs.md) | +0.1% | +0.1% |
| DXY | 2024-11-26 | [Morning Bid: Trump tariff threat jolts Canadian dollar, peso, yuan \| Reuters](https://feedsoft.ai/events/27607-morning-bid-trump-tariff-threat-jolts-canadian-dollar-peso-yuan-reuters.md) | -0.0% | +1.1% |
| DXY | 2025-02-10 | [Rupiah Tumbang Setelah Trump Umumkan Tarif Baru](https://feedsoft.ai/events/26366-rupiah-tumbang-setelah-trump-umumkan-tarif-baru.md) | -1.0% | -1.7% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/international/asean/rupiah-sinks-5-year-low-trump-tariffs-prabowos-fiscal-plans-rattle-markets

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.