Beijing resists Brasilia proposal to solve sugar trade spat

BRASILIA, Apr 07 (Reuters): Brazil has proposed that China introduce a quota for imports of Brazilian sugar that would face a 50 per cent levy to solve a trade spat between both countries but China is resisting the plan, a person close to the negotiations told Reuters on Friday.The move...

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Malaysia's foreign reserves stand at $107.8b

KUALA LUMPUR, Apr 07 (Xinhua): Malaysia's central bank Bank Negara said Friday that its international reserves stood at 107.8 billion US dollars as of March 30. The reserves level has taken into account the adjustment for foreign exchange revaluation changes, said the central bank in a statement. The reserves position...

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US lawmakers sceptical of promises to protect farmers from trade rift

OVERLAND PARK, Apr 07 (Reuters): US lawmakers and the farm industry were sceptical of the Trump administration's promise to shield farmers from the rapidly escalating trade dispute between the United States and China, concerned about the lack of details in protecting the U.S. agricultural export sector now embroiled in the...

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