President Trump has threatened to retaliate if Brazil extends tariffs on U.S. ethanol at the end of this month.
Renewable Fuels Association CEO Geoff Cooper says he shares the President’s concern about what the Brazilian government will do when that country’s existing Tariff Rate Quota (TRQ) expires August 31st.
“The talk we’re hearing is that rather than just returning to a zero tariff and allowing free access into that marketplace, the Brazilians are considering applying a 20 percent tariff, or higher, to every gallon of U.S.
