Friday, February 22, 2013

EU imposes blanket tariff on U.S. bioethanol

Reuters: The EU will place a duty on all U.S. bioethanol imports to the 27-nation bloc from Saturday, in a move that has prompted Washington to express "serious concerns" and that comes as both sides prepare to launch negotiations on a free-trade deal. The European Union will levy a 9.5 percent tariff on all bioethanol coming from the United States, the bloc's Official Journal said on Friday, concluding a 15-month investigation that argued U.S. bioethanol was being dumped, or sold below cost. Since...

URL: http://uk.reuters.com/article/2013/02/22/eu-us-bioethanol-idUKL6N0BLDKX20130222

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