U.S. Congress Democrats target palm oil, beef trade in deforestation bill

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By Richard Cowan and Fathin Ungku WASHINGTON/SINGAPORE (Reuters) – Democrats in the U.S. Congress on Wednesday were set to unveil legislation to reduce illegal deforestation globally by restricting the trade of certain agricultural commodities, such as palm oil and cattle, produced with those methods. The “FOREST Act of 2021,” introduced simultaneously in the Senate and House of Representatives by Democratic Senator Brian Schatz and Representative Earl Blumenauer, could have a major impact on trade from nations such as Brazil and Indonesia, but faces a difficult climb in the deeply divided Con…

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