EU Imposes Duties On U.S. Biodiesel Imports

The European Union has imposed anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, the latest in a series of trade frictions between the two trading giants.

From Friday, U.S. firms exporting biodiesel into the EU will have to pay additional anti-dumping tariffs of up to 29 percent, and anti-subsidy duties of between 29 and 41 percent for an initial six months, the EU said in its Official Journal.
“The level of the measures, which are applied together, is set at between 211.20 euros ($269.9) and 237.00 euros per tonne for the anti-subsidy duties and between 23.60 euros and 208.20 euros per tonne for the anti-dumping measures,” the European Commission said in a statement.

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