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Indonesian palm oil industry seeks new markets amid US tariffs and trade war uncertainties.
Indonesian palm oil companies are exploring new markets in Europe, Africa, and the Middle East to mitigate the impact of the US trade war.
The US has imposed a 32% tariff on Indonesian palm oil, a move that has significantly affected the country, which produces over half of the global supply.
The US pause on these tariffs has not alleviated the uncertainty, prompting producers to seek alternative markets.
This situation particularly worries the country's 2.5 million smallholder farmers.
The Indonesian government is considering lowering export taxes to support the industry.
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La industria del aceite de palma de Indonesia busca nuevos mercados en medio de los aranceles estadounidenses y las incertidumbres de la guerra comercial.