US Tariffs Are Lesser of Two Evils for Brazil’s Biofuel Makers
- Duties would curb Brazilian ethanol exports to California
- But producers want to prevent US imports from flowing in
Brazil shipped about 300 million liters of ethanol to the US last year.
Photographer: Jonne Roriz/BloombergThis article is for subscribers only.
Supply Lines is a daily newsletter that tracks global trade. Sign up here.
President Donald Trump’s tariffs risk stripping Brazil of a key market for ethanol abroad. But for Latin America’s biggest economy, they are the lesser of two evils.