EU Opens Dumping, Anti-Subsidy Probes Into U.S. Bioethanol
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The European Union is threatening to impose duties on imports of bioethanol from the U.S., saying American sellers may be using trade-distorting government aid to sell in the EU below cost, a practice known as dumping.
“The EU has today initiated anti-subsidy and anti-dumping investigations into imports of bioethanol from the USA to establish if U.S. imports of bioethanol have an adverse effect on the European bioethanol industry,” said John Clancy, a spokesman at the European Commission in Brussels.