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On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
The pace of plantings for all major kharif crops is slower than last year as delayed monsoon rains and low reservoir storage levels have resulted in lower planted area.
The Ethiopian Sugar Corporation (ESC), a government owned entity, plans to privatize ten partially completed sugar mills and three older mills that are operating in some capacity.