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AAP
AAP
Business
Savannah Meacham

Australia, Indonesia strengthen ties amid tariff hikes

Treasurer Jim Chalmers has discussed the fallout of US tariff hikes with his Indonesian counterpart. (Mick Tsikas/AAP PHOTOS)

Australia and Indonesia have discussed shared concerns about regional and global economies amid escalating trade tensions in the wake of US President Donald Trump's tariff hikes.

Treasurer Jim Chalmers spoke with his Indonesian counterpart, Finance Minister Sri Mulyani, on Saturday afternoon against the backdrop of global uncertainty caused by the US government's decision to increase tariffs on a host of trading partner countries.

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