August 22, 2017 / 9:33 PM / a year ago

U.S. duties to halt Argentine biodiesel exports: industry

BUENOS AIRES (Reuters) - Argentina’s biodiesel association Carbio said on Tuesday a U.S. decision to impose duties ranging from 50.29 percent to 64.17 percent on imports of biofuel from Argentina would result in the immediate suspension of exports to the United States.

FILE PHOTO: Biodiesel is seen through a tube at a biodiesel refinery in San Lorenzo, Argentina February 26, 2010. REUTERS/Enrique Marcarian/File Photo

Carbio President Luis Zubizarreta denied biodiesel exports were subsidized in a statement, calling a preliminary finding by the U.S. Commerce Department “unjustified” and “protectionist.”

Reporting by Maximiliano Rizzi and Caroline Stauffer; Editing by Sandra Maler

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