One of Australia's closest neighbours is urging the US to resist protectionist trade measures that could "ruin the world", as Prime Minister Malcolm Turnbull praises President Donald Trump's economic leadership.
Sri Mulyani Indrawati told Reuters she remained optimistic recent US tariffs affecting other major Asian economies would not turn into a tit-for-tat trade war as open trade had been the big driver in reducing poverty over the last 30 years.
"That is why you don't want to ruin the world," Indrawati said about US protectionism.
"It could be one or two practices you want to correct, but don't destroy the achievement that is already remarkable - and that is good for the United States and good for the world."
Her comments in London come as Australia's prime minister praised the economic progress in Trump's first year as president.
"Donald Trump is delivering on economic leadership, that's for sure," Turnbull told News Corp's Miranda Devine Live program on Monday.
"I don't want to buy into US politics but ... you only have to look at the IMF to see they regard the American tax cuts as being very pro-growth."
Indrawati was more circumspect.
Referring back to the issue of trade protectionism she added: "We are hoping, as President Trump said, that 'America First' does not mean America alone."
About 16 per cent of Indonesia's trade is directly with the United States, though it also has an indirect exposure through other trading partners like nearby Singapore and Japan.
Indrawati was in London to help launch the second "komodo" bond, a rupiah denominated bond sold in international debt markets rather than in Jakarta and named after the large, aggressive lizard found only in Indonesia.
This one was from state-owned infrastructure and procurement firm, Wijaya Karya, which raised 5.4 trillion rupiah ($A565.78 million) as part of the government's plans to get its firms to broaden their sources of financing.
