US ethanol groups decry Brazil for reimposing 20% tariff
Sources have told Agri-Pulse the Brazilian government is seeking more access to the U.S. sugar market in return for reinstating the TRQ or lifting the tariff on all U.S. ethanol which is what U.S. industry representatives are demanding.
Written By:
Bill Tomson / Agri-Pulse Communications | 11:32 am, Dec. 18, 2020 ×
U.S. ethanol and corn groups are irate over Brazil s issuance of a 20% tariff on American ethanol following a breakdown in talks between the two countries. (Agri-Pulse photo)
U.S. ethanol and corn groups are irate over Brazil s issuance of a 20% tariff on American ethanol following a breakdown in talks between the two countries.
Biden to nominate Regan as EPA administrator | Biomassmagazine com
biomassmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biomassmagazine.com Daily Mail and Mail on Sunday newspapers.
Scholarships to Again Provide Students Access to National Ethanol Conference
drgnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from drgnews.com Daily Mail and Mail on Sunday newspapers.
pixabay Legislative Watch: Negotiations continue until passed; Brazil puts 20% tariff on ethanol; Tai next U.S. Trade Representative; Regan selected for EPA.
Negotiations between the House and Senate leaders will continue throughout the weekend on an approximately $900 billion bipartisan coronavirus aid package. The current proposal includes another round of direct payments to individuals, enhances unemployment benefits, provides aid to small businesses and funds the distribution of the COVID-19 vaccine.
Indications are that the agreement will include stimulus checks of $600-700 per individual. Also included is $300 per week in supplemental unemployment assistance. This compares to the $1,200 in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Negotiations continue on the number of weeks the assistance would last.
2. Brazil’s Import Tariff Stings U.S. Ethanol Industry Brazil’s government announced this week that it would let the current tariff rate quota (TRQ) expire, replacing it with a 20% tariff on all imports of U.S. ethanol. On Wednesday, Emily Skor, CEO of Growth Energy; Ryan LeGrand, president and CEO of U.S. Grains Council; Geoff Cooper, president and CEO of Renewable Fuels Association; and Jon Doggett, CEO of National Corn Growers Association, issued the following statement in response to the South American country’s decision. “Brazil’s decision to impose a 20% tariff on all U.S. ethanol imports is devastating for the U.S. ethanol industry, the future of cooperation and coordination between our nations. Not only does this decision risk destroying the great progress our two nations have made as global leaders in ethanol production, it marks a dramatic turn in our bilateral trade relationship,” the group stated.