Biofuels groups say the Brazilian tariffs on U.S. ethanol need to go.
Geoff Cooper with the Renewable Fuels Association says, “There was a tariff-free quota that allowed us to get some U.S. ethanol into Brazil duty-free, but the Brazilians let that quota expire.”
Cooper says a 90-day extension of Brazil’s tariff rate quota (TRQ) on imports of U.S. ethanol expired, meaning all gallons going to Brazil will be subject to that 20% tariff.