Court of International Trade tells Commerce to look again at 2017 Indonesian biodiesel duties

In Washington, Bloomberg reports the U.S. Court of International Trade has ruled the Department of Commerce must revisit a 2017 decision to add countervailing measures to Indonesian biodiesel imports. Commerce’s original decision was based on an export tax policy system that led to duties of between 34.45% and 64.73%, depending on the producer. However, the court has questioned the need for duties to compensate for the export tax and that the duties may need to be revised lower.

Category: Fuels