Growth Energy Responds to New Chinese Tariffs on Ethanol

In response to the Trump administration’s recent tariffs on Chinese steel and aluminum, the Chinese government is planning to retaliate with counter-measures totaling $3 billion, which would target key sectors of the U.S. economy. What concerns us specifically, is their proposal to levy an additional 15% duty on U.S. ethanol imports. China is the third-largest importer of U.S. ethanol globally as it is in the midst of moving to a 10% ethanol blend by 2020.

Growth Energy CEO, Emily Skor had this to say about the proposed tariffs: