The Foreign Trade Chamber at Brazil’s Ministry of the Economy upheld an 18 percent tariff on U.S. ethanol. With support from the Brazil Association of Fuel Importers, the U.S. ethanol industry and the U.S. government previously submitted comments advocating for permanent tariff removal during a public consulting period that ended on April 11, 2024. Together, the U.S. ethanol industry – including the U.S. Grains Council, Growth Energy, and the Renewable Fuels Association – reacted to the decision.
“We remain extremely disappointed with this result and urge the Brazilian government to remove tariff barriers on U.S. ethanol and use this as an opportunity to strengthen the bilateral agenda and stimulate trade cooperation between Brazil and the U.S.,” they said in a statement. “The tariff has placed a heavy financial burden on Brazilian consumers in a misdirected effort to protect the domestic Brazilian industry, which continues enjoying free and increasing access to the U.S. market.”
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