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European Union passed act earlier this year to phase out palm oil from renewable fuel by 2030 due to deforestation concerns The European Union passed an act earlier this year to phase out palm oil from renewable fuel by 2030 due to deforestation concerns PositiveKUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad said on Monday his exportsreliant country could be hit with trade sanctions amid rising protectionism highlighted by the U.S.China tariff war http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-usa-trade-china-malaysia/mahathir-warns-of-possible-trade-sanctions-on-malaysia-idUSKBN1X006L2019-10-21