Olam, Wilmar head to South America amid US-China tensions

In:

Agri/Soft Commodities

Region:

Americas, Asia-Pacific

Singaporean agriculture conglomerates Olam International and Wilmar International are importing from South America to avoid higher taxes amid US-China trade tensions. Olam said Chinese soybean processors will import from Brazil after China threatened to impose a 25% tax on the crop in retaliation...

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