# Rupiah Expected to Strengthen after Trump Imposes Steel Tariffs | Indonesia Investments

> The rupiah weakened 2.92% from 13,402 per dollar on February 1 to 13,793 on March 1, 2018, amid dollar strength before the Fed meeting. US President Trump announced 25% steel and 10% aluminum import tariffs, and global stock markets fell.

- Date: 2018-03-03 · published 2018-03-03T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/66314-rupiah-expected-to-strengthen-after-trump-imposes-steel-tariffs-indonesia
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

US tariffs raised trade-war risk, which can weigh on export-linked demand and shift dollar flows. The article expects the rupiah to firm as the dollar softens, which would lower the local cost of imported feed ingredients.

## Read by commodity

- DXY: bearish ▼
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-02-20 | [Dollar dips after Supreme Court rules against Trump's tariffs \| Reuters](https://feedsoft.ai/events/20833-dollar-dips-after-supreme-court-rules-against-trump-s-tariffs-reuters.md) | -0.3% | +1.6% |
| DXY | 2025-03-06 | [Brazilian real strengthens as U.S. signals softer tariff stance](https://feedsoft.ai/events/25806-brazilian-real-strengthens-as-u-s-signals-softer-tariff-stance.md) | -0.5% | -0.1% |
| DXY | 2025-01-21 | [Wheat Futures Reach New Heights After Trump Holds Back Tariffs - Finimize](https://feedsoft.ai/events/9935-wheat-futures-reach-new-heights-after-trump-holds-back-tariffs-finimize.md) | -1.1% | -1.7% |
| DXY | 2019-08-01 | [Dollar falls against yen after Trump whacks China with more tariffs \| Reuters](https://feedsoft.ai/events/57813-dollar-falls-against-yen-after-trump-whacks-china-with-more-tariffs-reuters.md) | +1.1% | +2.1% |
| DXY | 2025-03-04 | [Investors say it's time to take Trump seriously as markets recoil](https://feedsoft.ai/events/9710-investors-say-it-s-time-to-take-trump-seriously-as-markets-recoil.md) | -1.2% | -0.8% |

## Sources

- indonesia-investments.com: https://www.indonesia-investments.com/news/todays-headlines/rupiah-expected-to-strengthen-after-trump-imposes-steel-tariffs/item8633

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