U.S. to continue trade protections on biofuels: commerce secretary

U.S. to continue trade protections on biofuels: commerce secretary

14/03/2018 12:48 - U.S. Commerce Secretary Wilbur Ross told a Senate panel on Wednesday that the administration of President Donald Trump plans to continue to protect U.S. biofuel producers with trade actions, such as tariffs.

Reuters - Washington

Washington last year levied tariffs against imports of soyoil-based biodiesel from Argentina and palm oil-based supplies from Indonesia. “It’s a very big boost for the domestic biofuels industry and we intend to continue to protect the growers in America and the processors of biofuels,” Ross said during a Senate hearing on infrastructure.

Reporting by Timothy Gardner; Editing by Chizu Nomiyama

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