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SAO PAULO (Reuters) - Brazil's Agriculture Ministry issued an order on Friday deeming truck stops, gas stations and highway diners as essential services, seeking to ensure cargo haulers keep moving grains, feed and meat to markets at home and abroad despite the coronavirus pandemic.
JAKARTA (The Jakarta Post/ANN): Indonesia plans to relax restrictions on importing goods as one of its fiscal measures to combat the harmful economic effects of the Covid-19 coronavirus.
SINGAPORE: Expectations the Opec+ alliance will deepen output cuts put a floor under last week’s 16% plunge in oil prices, with futures in New York rebounding even as the coronavirus continued to spread rapidly.
BEIJING: China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so far, as Beijing seeks to fulfill commitments made in its interim trade deal with the United States.
BRUSSELS: Malaysia no longer plans to file a WTO lawsuit against EU restrictions on palm oil-based biofuel and will instead seek to convince European to change its treatment of the crop in a review scheduled for 2021.
BEIJING: China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that defused a bruising trade war between the world's two largest economies.
SINGAPORE: The turmoil engulfing global commodity markets deepened as China’s biggest buyer of liquefied natural gas (LNG) told suppliers it won’t honour some contracts because of the coronavirus
HONG KONG (AP): Asian stock markets surged Thursday (Feb 6) after President Donald Trump was acquitted in an impeachment trial and China announced a tariff cut on US imports and aid to businesses reeling from a virus outbreak.
BEIJING: China will halve tariffs on some $75 billion of imports from the U.S. later this month, the Ministry of Finance said in a statement on Thursday.
KUALA LUMPUR: Crude palm oil (CPO) futures prices (CPO) on Bursa Derivatives jumped more than 5% as volatility surged, with a survey showing Malaysia’s stockpiles slumping to their smallest since June 2017.