The Commerce Department today took the final step to authorizing retaliatory action against imports of biodiesel from Argentina and Indonesia, setting the final rates importers must pay to bring the biofuel into the U.S.
The International Trade Commission (ITC) voted unanimously that the U.S. biodiesel industry has been disadvantaged by imports of biodiesel from Argentina and Indonesia, a move that could pave the way for countervailing duties to be put in place by the end of the year.
Following negotiations with Argentine leaders last week, the U.S. Commerce Department could issue a final determination– perhaps as early as today – regarding countervailing duties on biodiesel imports from Argentina and Indonesia.
WASHINGTON, Nov. 1, 2017 - The Commerce Department found that biodiesel imports from Argentina and Indonesia are sold into the U.S. below fair value, handing the National Biodiesel Board (NBB) a win in the preliminaries of its dumping case.
WASHINGTON, Aug. 22, 2017 – Subsidies provided for biodiesel production in Argentina and Indonesia run afoul of international trade rules, the U.S. Commerce Department ruled Tuesday when it slapped a countervailing duty on imports from the two countries.
WASHINGTON, D.C., March 23, 2017 – The National Biodiesel Board is asking the U.S. government to impose duties against Argentina and Indonesia, charging that the two countries are unfairly subsidizing their biodiesel production and then dumping the fuel on the U.S. market at below production costs.