U.S. Negotiates with Brazil on Ethanol Import Tariff
March 21, 2024The U.S. Trade Representative (USTR) is actively working to address Brazil’s proposed increase in tariffs on U.S. ethanol imports. In recent discussions, U.S. officials expressed optimism about reaching a resolution that would benefit both countries’ biofuel sectors. The negotiations follow efforts by lawmakers to enhance market access for biofuels and maintain dialogue with Brazil on trade tariffs. This development is closely watched by stakeholders in the ethanol industry, given its implications for international trade and biofuel policies.