Indonesia palm oil group says palm oil exports to US may fall due to tariffs

JAKARTA, July 8 (Reuters) - Indonesian palm oil exports to the United States may fall due to the 32% tariffs threatened on Indonesian goods, said Hadi Sugeng, secretary general of the Indonesia Palm Oil Association (GAPKI), on Tuesday.

Indonesian palm oil products, which account for 85% of U.S. palm imports, may lose market share to Malaysian palm oil, which face lower tariffs, and other vegetable oils, he said.