Reported about 14 hours ago
President Trump's tariffs on ethanol imports pose a significant threat to Brazil's ethanol market, yet they may also prevent a more detrimental flood of cheaper US ethanol undermining the local industry. While Brazil exported about 300 million liters to the US in the past year, it risks harming its market by lowering tariffs on American products, potentially leading to increased imports that could threaten domestic producers as Brazil raises its ethanol blending requirement in gasoline.
Source: YAHOO