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View all search resultsWhen major economies are running at near full capacity, it is not clear that trade deficits should be a cause for concern, since they represent a transfer of purchasing power from surplus countries. Under the current circumstances, then, China’s widely criticized surpluses might as well be called enrich-thy-neighbor.
The senior economy minister says Jakarta has submitted a request to Washington that Indonesian palm oil be exempted from Trump's latest tariff regime, even as the country remains subject to a separate US probe into alleged excess manufacturing capacity.
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