Ongoing negotiation: U.S. wants Argentina to set minimum biodiesel price

The United States has requested Argentina to set a minimum biodiesel price after the North American country had imposed duties of up to 64.17 percent for the imports of Argentinian biodiesel. The government of Argentina seeks a quick solution for the problem and avoid new restrictions. For the National Biodiesel Guard, the group behind the denounce before the U.S. Commerce Department, Argentina does dumping by having different export taxes on biodiesel (0.13 percent), soybean oil (27 percent), and the soybean grain (30 percent), benefiting its biodiesel processing. A possibility indicated by unnamed sources is to have quotas for Argentina with lower duties.

 

 

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