Brazil has put a 30-day delay on deciding whether to impose a 20-percent import tariff on U.S. ethanol. The US Grains Council, Growth Energy and the Renewable Fuels Association (RFA) have issued a joint statement saying they are encouraged by Brazil’s postponement.
The proposal would allow just over 132-Million gallons before the tariff would be triggered.
Bob Dinneen, head of the RFA, says if approved, the tariff would hurt Brazilian and U.S.
Continue reading Groups pleased by Brazil’s delay on ethanol tariff at Brownfield Ag News.
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