Palm oil sector seeks tax cuts in Indonesia

Indonesia’s palm oil sector and farmers’ groups called on the Indonesian government on Wednesday to reduce export costs to offset the impact of market distortion caused by the US’s reciprocal tariffs of 32% on Indonesian exports. Small-scale palm farmers’ group SPKS called on the government to […]
China retaliates: 84% tariff hits soybeans in Chicago

Soybean prices, which were rising earlier on the Chicago Stock Exchange, have now lost direction once again following news of new retaliation by China against the US announced this Wednesday morning (9). The Asian nation increased its tariffs on American products to 84% and promoted a new escalation in […]