# Don't ruin world with protectionism, Indonesia urges U.S.

> Indonesia urged the United States to avoid protectionism, citing a week in which U.S. Treasury Secretary Steve Mnuchin said dollar weakness had its benefits. The article notes that about 16 percent of Indonesia's trade is directly with the US, with further indirect exposure through Singapore and Japan.

- Date: 2018-01-29 · published 2018-01-29T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/67284-don-t-ruin-world-with-protectionism-indonesia-urges-u-s
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising trade-policy friction and currency swings can shift import demand and feed-ingredient flows for Indonesia, a major buyer of soymeal and corn. The direct price impact for feed commodities is modest.

## Read by commodity

- SBM: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-08-28 | [What Role Do Farm Products Have in U.S.-China Trade Deal?](https://feedsoft.ai/events/14641-what-role-do-farm-products-have-in-u-s-china-trade-deal.md) | -5.5% | -6.9% |
| SBM | 2018-09-20 | [As U.S.-China trade row grows, India urges China to drop meal import ban: sources](https://feedsoft.ai/events/63013-as-u-s-china-trade-row-grows-india-urges-china-to-drop-meal-import-ban-sources.md) | +0.4% | +5.6% |
| SBM | 2017-05-15 | [Competitive feed market in Malaysia creates potential for U.S. DDGS \| World-grain.com \| May 15, 2017 13:38 \| World Grain](https://feedsoft.ai/events/70994-competitive-feed-market-in-malaysia-creates-potential-for-u-s-ddgs-world-grain.md) | -0.9% | -2.6% |
| SBM | 2018-11-18 | [India steps up agro-diplomacy with China  - The Hindu](https://feedsoft.ai/events/62003-india-steps-up-agro-diplomacy-with-china-the-hindu.md) | -2.5% | -0.2% |
| SBM | 2020-01-30 | [Russia’s target of independence on feed lysine in sight - Food & Agribusiness](https://feedsoft.ai/events/55413-russia-s-target-of-independence-on-feed-lysine-in-sight-food-and-agribusiness.md) | -2.9% | +0.3% |
| CORN | 2025-04-30 | [U.S. potash prices rise with new tariffs on Canadian imports](https://feedsoft.ai/events/25452-u-s-potash-prices-rise-with-new-tariffs-on-canadian-imports.md) | -1.7% | +0.6% |
| CORN | 2019-08-23 | [China strikes back at U.S. with new tariffs on $75 billion in goods \| Reuters](https://feedsoft.ai/events/57443-china-strikes-back-at-u-s-with-new-tariffs-on-75-billion-in-goods-reuters.md) | +1.8% | +1.4% |
| CORN | 2018-02-21 | [Global protectionism threatens US ethanol exports, industry says \| 2018-02-20 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/66501-global-protectionism-threatens-us-ethanol-exports-industry-says-2018-02-20-agri.md) | +0.8% | +3.0% |

## Sources

- reuters.com: https://www.reuters.com/article/us-indonesia-indrawati-dollar/dont-ruin-world-with-protectionism-indonesia-urges-u-s-idUSKBN1FI1OG/

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