On 27 January, a landmark ruling on high-earning individuals and large corporations by Pakistan's newly-established Federal Constitutional Court provided a "powerful blueprint" in seeking an overhaul of the international tax system.
While trade negotiations between Indonesia and the US is still underway, the archipelago must reassess its non-tariff measures to address US concerns while ensuring fair trade practices and maintaining economic stability.
Indonesia is among the 10 heaviest-hit countries by United States tariffs. Trade talks will mean balancing the US need for critical minerals and Indonesia's desire to develop its domestic processing industries.