EU May Renew U.S.-Biodiesel Tariffs Targeting ADM to Cargill

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The European Union threatened to renew tariffs on biodiesel from the U.S. for another five years in a sign of persistent trade tensions over renewable energy.

The EU said it would examine in two probes whether to re-impose the duties introduced in 2009 to counter alleged subsidies and price undercutting by U.S. exporters of biodiesel, a type of biofuel made from vegetable oils and animal fats for use in diesel engines.