Colombia Ignores Its Own Findings by Extending CVD on US Ethanol, USDA Says
Colombia “ignored its own Essential Facts report” when it extended by five years its countervailing duty on U.S. ethanol imports, the USDA’s Foreign Agricultural Service said in an April 10 report. Colombia issued an essential facts report in January on…
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its expiry review of the duties, which “argued that there is evidence of continued subsidies for U.S. ethanol, but no clear evidence that the current CVD improved the local ethanol industry’s economic performance,” USDA said. The report calculated a recommended CVD of .035¢/kg, lower than the original .066¢/kg, but Colombia “ignored its own report and issued a final ruling," USDA said, and extended the original investigation duty of .066¢/kg on U.S. ethanol for five years.