The White House mentioned Brazil’s tariff on US ethanol as an example of duties the US needs to fight back against with reciprocal tariffs.
President Trump announced reciprocal tariffs to match other countries duties on US goods, as the White House pointed out Brazil’s 18-percent tariff on US ethanol. That contrasts with almost no duty on Brazil’s ethanol.
Trump’s pick for US Trade Representative, Jamieson Greer, was asked about the Brazil tariff at his senate confirmation hearing.
Greer says that now President Trump is ready to act.
The United States ethanol industry says its exports to Brazil have basically dried up. The Renewable Fuels Association said it hopes the president’s reciprocal tariff will finally get Brazil to return to “free and fair ethanol trade.”
