Trump Tariffs May Redraw Biofuel Trade, US Policy in Focus
A US minimum universal tariff of 10% on all goods imported into the US could reshape the world's trade flow of biofuels with traders expecting Europe may face more imports or Asian feedstocks would stay in local markets.
US President Donald Trump revealed on Wednesday a blanket minimum 10% tariff on all goods imported to the US, with some nations facing significantly higher tariffs.