Economist at the Center of Reform on Economics (CORE) Indonesia, Yusuf Rendy Manilet, believes that the potential for the continuation of the current debt crisis in the United States (US) is the weakening or slowing down of the US economy itself. However, the crisis can also have direct and indirect impacts on the economies of global countries, including Indonesia. "In the context of the direct impact of various export products, which so far have made the United States (US) the main export destination, they will make adjustments or their performance will slow down following the pattern of economic slowdown caused by the debt crisis," he said, Sunday (28/5/2023) .

He said there were several domestic products that depended on their export market to the US, one of which was the textile industry and its derivative products. According to Yusuf, the news of a slowdown in the US is not good news for the textile industry and its derivatives in Indonesia. The textile industry is also experiencing performance pressure at the moment.

"The performance has actually been depressed in recent years due to problems with the competitiveness of the textile industry's products and their derivative products in Indonesia," he said.

While the indirect impact, especially for Indonesia due to the US debt crisis, is the impact of the US' main trading partner country, namely China. Of course, this is also bad news for Indonesia, which is also a trading partner of China. When there is a slowdown in the Chinese economy, the spillover impact can reach the country.

"For example, commodity export products such as coal and nickel. There is a potential then the prices of these two commodities will also slow down. So in my opinion this can then be said to be an impact on the real sector at the mouth of the US debt crisis if this continues and occurs," he said.

The impact will be seen later in the decline in commodity prices and the decline in the performance of several sectors that depend on these commodities. By looking at the analysis above, what Indonesia then needs to anticipate is the spillover impact of the conditions experienced by the US.

"What is most felt is the weakening of the global economy and of course this will also have an impact on many countries so that the potential for trade performance between Indonesia and many countries will certainly be affected more or less if the conditions from the US drag on," he said.