The U.S. and Brazil have agreed to revive for 90 days the expired tariff rate quota that allows some U.S. ethanol to flow to the South American country duty free, the two countries said in a joint statement Friday night.
U.S. and Brazilian negotiators continue to haggle over U.S. access to Brazil’s ethanol market, but lawmakers like House Agriculture Committee Chairman Collin Peterson, D-Minn., are losing patience as the talks drag on.
House Agriculture Committee Chairman Collin Peterson supports Joe Biden’s plan to eliminate President Donald Trump’s tariffs on China but isn’t sure what the alternative is for countering Chinese trade practices.
Kamala Harris, Joe Biden’s pick as his Democratic running mate, has gone on record opposing new trade agreements, including the U.S.-Mexico-Canada Agreement, and has taken up the interest of farmworkers during her short tenure in the U.S. Senate.
Biofuel groups are frustrated election-year politics could be getting in the way of time-sensitive Environmental Protection Agency action on renewable fuel policy that needs to be finalized by the end of the year, and fear voter accountability in farm country will be lost if the agency delays acting before the November election.