WASHINGTON, D.C. — Growth Energy CEO Emily Skor released the following statement in response to China’s announcement that it considering enforcing 15 percent duties on U.S. products including exports of ethanol.
“We’re disappointed that China is seeking additional tariffs on U.S. ethanol exports,” Skor said.
“China has and continues to be an important market for ethanol and for dried distiller’s grains, and we want to remove any of these unnecessary barriers as soon as possible. We will work closely with our government to keep this important market open to the benefit of both American agriculture and Chinese consumers.
“These actions could undercut our potential to increase exports to China following the country’s stated goal to move to a 10 percent ethanol blend by 2020, and would be a major barrier to increased trade.”