India raises import tax for palm oil from Malaysia & Indonesia.

https://sg.finance.yahoo.com/news/india-raises-import-tax-palm-031144820.html

As India is having 3 types of deficits coupled with the USA's demand for tariff cut from India, India has to make up for the shortfalls by raising import taxes from South East Asia countries such as Malaysia & Indonesia.

https://sg-stock.blogspot.sg/2018/02/india-has-to-pay-high-price-to-be-usa.html

https://sg-stock.blogspot.sg/2018/03/indias-economic-growth-rises-to-72-with.html