U.S. urges Brazil to remove tariffs on ethanol exports

U.S. urges Brazil to remove tariffs on ethanol exports

Illustrative picture. PHOTO CREDIT: Port of Amsterdam

United States Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs, Ted McKinney, has urged Brazil to consider lifting tariffs imposed on U.S. ethanol exports.

Brazil in September 2017 imposed a 20 percent tariff on ethanol imports surpassing 150 million litres a quarter in a move to protect local farmers from foreign competition.

“Our hope is that the warm relationship between our presidents and how that cascades down might let us find some relief,” McKinney told a conference call on Wednesday.

Although Brasília has not hinted that they will remove the tariff, McKinney noted that he was hoping they will.