EU hits Indonesian Biodiesel with Import Duties Over Subsidies
Source: Reuters, December 9 2019 By: Philip Blenkinsop BRUSSELS (Reuters) – The European Union confirmed tariffs on Indonesian biodiesel imports on Monday to counter what it sees as unfair subsidies, the latest blow to producers after the bloc ruled that palm oil should be phased…
Trump Announces Partial Trade Deal with China, Lifting Hopes that Tensions Could Ease
Source: Washington Post, October 12 2019 By David J. Lynch President Trump said Friday that the United States and China have “agreed in principle” on a preliminary trade deal, marking the first tangible achievement in their 18-month trade war while leaving all of the toughest issues…
Indonesia to Relax Rules, Launch More Special Economic Zones to Attract Investment
Source: Reuters, October 10 2019 JAKARTA (Reuters) – Indonesia will expand and simplify tax incentives it offers for investment in special economic zones (SEZs) and develop more such areas, aiming to attract over $50 billion investment into those zones in the next decade, a senior…
Uncertainty of the Trade War — Not Tariffs — is Slowing Global Growth, says Former Fed Official
Source: CNBC, September 19 2019 KEY POINTS “One of the things actually weighing on the U.S. economy as well as the world economy really is the uncertainty regarding these trade tensions, it’s very difficult to know what the end game is,” former U.S. Deputy Treasury…