Brazil waives ethanol import tariff; US import arbitrage remains closed

Capt. John

The Brazilian government has waived until Dec. 31 its 18% import tariff for a handful of products, including ethanol and soybean oil, considered highly relevant to lowering inflation in the country. The waiver is aimed at reducing the inflationary impact of high international fuel prices after the coronavirus pandemic and amid the Russia-Ukraine war that …

The post Brazil waives ethanol import tariff; US import arbitrage remains closed first appeared on Hellenic Shipping News Worldwide. ...

https://www.hellenicshippingnews.com/brazil-waives-ethanol-import-tariff-us-import-arbitrage-remains-closed/

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