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Rupiah weakens past 15,000 per dollar

Bloomberg Indonesia’s rupiah weakened past 15,000 per dollar for the first time in 20 years as sentiment towards emerging-nation assets soured and oil prices jumped. The currency has tumbled almost 10 percent this year as rising US interest rates have boosted the dollar and Indonesia’s current-account deficit has left the economy exposed to the financial turmoil that afflicted Turkey and ...

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New Nafta deal: Trump opens door to metal tariff accord

Bloomberg With a Nafta deal on the table — and a bullet dodged for the auto sector — the clock is ticking for the next key trade talks for Canada’s steel and aluminum industries. After a marathon weekend of discussions, negotiators secured a deal to replace the 24-year-old Nafta agreement just before the deadline. However, the steel and aluminum tariffs ...

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Clouds part for US farmers as new deal secures exports

Bloomberg After months of negative news, American farmers rejoiced as the US finally secured a trade deal with both Canada and Mexico. The pact comes just as US growers are harvesting mammoth corn and soybean crops and domestic meat production balloons. The outlook for big supplies combined with trade tensions, especially with China, had sparked a prolonged rout for agriculture ...

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