ethanol plant with corn field in the front Jim Parkin iStock

Brazil government postpones ethanol tariff proposal

Decision on whether to impose significant tariffs on U.S. ethanol imports delayed until June.

Last Wednesday, the Executive Management Committee of CAMEX, Brazil’s Chamber of Foreign Trade, decided to postpone a decision by the chamber on whether to impose significant tariffs on U.S. ethanol imports.

The executive committee’s decision delays CAMEX’s consideration until June to allow the proposal to be evaluated by another CAMEX subgroup, GTAT-TEC, the Technical Group on Temporary Alterations to the Common Foreign Tariff of Mercosur.

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