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Mon Jun 29, 2020, 03:08 AM

With Upcoming Elections, Trump Pressures Brazil to Increase Imports of American Ethanol

With sector in crisis due to coronavirus, Americans want to end barriers to sell more fuel to the country

Jun.26.2020 1:40PM

Ricardo Della Coletta
BRASÍLIA

The Donald Trump administration wants Brazil to agree to increase the import quota for ethanol in the country because the gesture will improve the American's chances of re-election in corn-producing states.

According to reports made to Folha, the Americans are working towards the end of an annual import quota without tariff of 750 million liters of ethanol - which exceeds this volume, pays a rate of 20%.

The current quota is already the result of an American request. Until last year it was limited to 600 million liters per year, but Brazil increased to the current value to please the Trump administration.



Trump and Bolsonaro - EPA

The USA produces ethanol from corn, and the product is cheaper than the Brazilian similar, made with sugar cane.

More:
https://www1.folha.uol.com.br/internacional/en/world/2020/06/with-upcoming-elections-trump-pressures-brazil-to-increase-imports-of-american-ethanol.shtml?utm_source=newsletter&utm_medium=email&utm_campaign=newsen

Also posted in Editorials and other articles:
https://www.democraticunderground.com/1016260436

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