International Trade News

U.S. Maintains Duties on Biodiesel From Argentina After Review

May 7, 2020, 1:36 PM

The Commerce Dept has decided to maintain existing countervailing and antidumping duties on biodiesel from Argentina, after considering wiping away many of them last year, according to the National Biodiesel Board.

  • Trade group cites final determination from agency concluding it will keep intact the duties established in 2018 after an investigation concluded U.S. biodiesel producers were being hurt by subsidized imports sold at prices below the cost of production
  • Kurt Kovarik, National Biodiesel Board’s vice president of federal affairs, says in news release that Commerce “took the time necessary to fully evaluate the status of Argentina’s export tax regime and...

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