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EU says no US ethanol access commitment in trade deal

  • Market: Agriculture, Biofuels
  • 05/08/25

The EU has made no commitments to lowering market access barriers for US ethanol, the European Commission said today.

This counters US statements that ethanol could be included in an EU pledge to purchase $750bn of US energy goods over three years. Brussels expects further details of the EU-US trade deal to be confirmed in a joint statement in the "coming days".

"The US may or may not consider that there's an opportunity to export more ethanol. That may or may not be the case. It's very clear that we're not lowering our barriers," a senior EU official said, listing ethanol, like beef, as a sensitive sector.

Final details governing the improved access and tariff rate quotas (TRQs) for €7.5bn ($8.7bn) of "certain non-sensitive US agriculture exports" are still being negotiated.

"That will come as part of the documents that we aim to have ready with the US in the coming days," said EU trade spokesperson Olof Gill. The commission has previously listed such products as including soya bean oil, planting seeds, grains or nuts, as well as processed food stuffs.

US Renewable Fuels Association (RFA) has applauded the trade deal, which includes an EU pledge to purchase $750bn of US energy goods. US agriculture secretary Brooke Rollins has indicated, in a social media post, that the deal includes ethanol.

"Even with the existing tariff level the EU market is being flooded with US ethanol — which is produced with state support and tax credits, and with significantly lower energy costs," said European renewable ethanol industry ePure's director general David Carpintero. Safeguarding the EU's renewable ethanol sector is especially important given a four-fold increase in US ethanol exports to the EU and UK over the past four years, Carpintero said.


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29/08/25

Brazil starts process for reciprocating US tariffs

Brazil starts process for reciprocating US tariffs

Sao Paulo, 29 August (Argus) — Brazil has started the process of developing reciprocal tariffs against the US, vice-president and trade minister Geraldo Alckmin said, a move designed to speed up negotiations. Brazil's foreign trade chamber, Camex, has 30 days to determine how the 50pc tariffs the US imposed on Brazil effective 6 August can be countered under the country's economic reciprocity law approved in April. The law authorizes retaliation through goods, services and intellectual property. There is no time frame for the process of imposing reciprocal tariffs after the initial 30-day deliberation period. "Brazil will not give up on its sovereignty," Alckmin said this week during a visit to Mexico, where he signed two cooperation agreements on biofuels with Mexico as well as a letter of intent on agriculture. "I hope that [this process] will help accelerate dialogue and negotiations [with the US], which is what president Lula has been asking us to do." The move comes weeks after President Luiz Inacio Lula da Silva had said that Brazil would not reciprocate the tariffs but seek to negotiate. Brazil has been working to counter the tariffs' effect on its economy by supporting companies in efforts to find new markets , and by approving a line of credit to small businesses hurt by the measures. Earlier this month, Brazil asked the World Trade Organization to intervene in the dispute over tariffs. The US typically runs a trade surplus for goods and services with Brazil, which has totaled more than $400bn over the last 15 years, finance minister Fernando Haddad said in a televised interview in early July. In the first half of 2025 the US' trade surplus with Brazil reached $2.3bn, a more than seven-fold increase from a year before, according to US-Brazil chamber of commerce Amcham. By Maria Frazatto Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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EIA delays some reports after staffing cuts: Correction


29/08/25
News
29/08/25

EIA delays some reports after staffing cuts: Correction

Corrects the name of delayed biofuels report in 5th paragraph. Washington, 29 August (Argus) — The US Energy Information Administration (EIA) has delayed the publication of a handful of reports and is proposing the cancellation of another after losing about 30pc of its staff since President Donald Trump began his second term. The delays to reports on uranium prices, solar panel shipments and biofuels are the latest sign of strain at the agency since it lost more than 100 staff from voluntary buyouts and other cuts pursued by the Trump administration. Earlier this year, EIA dropped plans to release its I n ternational Energy Outlook this year because of a loss of key staff. Oil and gas producers, utility executives, traders, regulators, analysts and others often rely on data and reports from the EIA, an independent agency that is responsible for collecting and analyzing energy data. EIA declined to comment on whether staffing affected the timing of its reports, but said it was committed to publishing reliable data. "We remain committed to meeting high statistical standards, and we will not publish any data or analysis that doesn't meet those standards," EIA said. An annual report on uranium purchases and prices that since 1996 had been published by June is now set for release in September, according to the agency's website. EIA's annual renewable diesel fuel and other biofuels plant production capacity report, initially set for release in August, should be coming out in September, an agency official said. EIA has yet to release a monthly report on solar photovoltaic modules since last December, and today the agency proposed canceling the report entirely. The last version of the report showed that shipments of solar modules increased to a peak wattage of 33GW in 2023, a sixfold increase to 2013, while the price per peak watt had fallen in half. "EIA has determined that the value of the data collected by the survey no longer exceeds the burden of collecting and publishing it," the agency said in a formal notice requesting comment on its plan to end the report. By Chris Knight Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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Trump administration dismisses rail regulator


28/08/25
News
28/08/25

Trump administration dismisses rail regulator

Houston, 28 August (Argus) — The administration of President Donald Trump dismissed a Democratic member of the Surface Transportation Board (STB), the US rail regulator charged with weighing a mega-merger between Class I carriers Union Pacific (UP) and Norfolk Southern to create the first US transcontinental railroad. Robert Primus, one of two Democratic members of the STB, said he received an email from the White House late on 27 August "purporting to terminate my position at the Surface Transportation Board." The move is "deeply troubling and legally invalid," Primus said in a posting on LinkedIn, and "comes at a time when the Board is considering significant pressing matters of critical importance to both our national freight rail network and supply chain." "Robert Primus did not align with the President's America First agenda, and was terminated from his position by the White House," White House spokesman Kush Desai said. "The Administration intends to nominate new, more qualified members to the Surface Transportation Board in short order." The action leaves the STB with three members, two Republicans and one Democrat, and two short of its five-member capacity. Primus did not refer specifically to UP's $85bn bid to purchase Norfolk Southern. If approved by the STB, that deal would create the first transcontinental US carrier, with a new $250bn entity connecting 50,000 miles of track across 43 states. Primus was the sole dissenter when the STB in March 2023 voted 4-1 to approve Canadian Pacific's $31bn merger with Kansas City Southern, creating the largest single US rail operator and the only railroad that links the US, Canada and Mexico. Primus cited concerns about industry consolidation and the impact on rail service. No STB board members have weighed in publicly about the prospects for the UP-Norfolk Southern merger. SMART-TD, a railroad union that represents conductors, condemned Primus's dismissal as unjustified, and said it was likely motivated by White House concerns that Primus would oppose the UP-Norfolk Southern deal. "This action is unprecedented, unlawful in spirit, and reeks of direct interference from hedge funds and the nation's largest rail carriers," the union said. Primus was nominated during Trump's first term to serve on the STB and was renominated by former president Joe Biden. Primus said he would explore his legal options if he was not permitted to continue serving on the STB. "I have worked tirelessly to build bipartisan trust and have demonstrated myself to be truly an independent Board member that has consistently rendered fair and impartial decisions," Primus said. By Chris Baltimore Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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EU details zero-tariff offer for US products


28/08/25
News
28/08/25

EU details zero-tariff offer for US products

Brussels, 28 August (Argus) — The European Commission today released proposals to grant zero tariffs for certain US products. The offer is in response to the US' ceiling of 15pc applied to all EU exports and will have to be approved by the European Parliament and EU states. The EU is offering to apply 0pc tariffs to fertilisers, plastics, machinery, cars and car parts, wood and pulp of wood products, paper and paperboard, ceramics and leather, and for certain seafood and certain non-sensitive agricultural products. In general, the tariff reductions are implemented via product-specific tariff rate quotas (TRQs), including a TRQ of 25,000t for pig meat and 400,000t for crude soya-bean oil. The commission confirmed again that the proposals do not include "sensitive" agricultural products such as beef, poultry or ethanol. But the EU's offer does list mineral fuels, mineral oils, bituminous and inorganic and organic chemicals. It has also offered to remove import tariffs on US-origin polyethylene (PE). A senior EU official said it is important for the EU to move away from dependency on Russian fertilisers. The move is "very commonsensical" and ensures that farmers have access to affordable fertilisers. Another senior official noted that the EU plastics sector is under pressure, but US imports do not come from a low-cost economy. A safeguard provision also allows the EU to suspend imports. Once approved by the EU parliament and EU states, the commission expects that the US would implement an agreed 15pc tariff ceiling for EU cars and car parts, in line with the EU-US joint statement , retroactively from 1 August. by Dafydd ab Iago Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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CSX prefers alliances over rail mergers


28/08/25
News
28/08/25

CSX prefers alliances over rail mergers

Houston, 28 August (Argus) — Eastern US railroad CSX is open to more industry partnerships, including with Canadian carriers, after sealing a venture with BNSF Railway to seamlessly transport intermodal traffic between the east and west coasts. Railroads like CSX and BNSF are under pressure from Wall Street to pursue mergers to compete with rival Class I carrier Union Pacific's (UP) plan to purchase Norfolk Southern. The $85bn UP-Norfolk Southern tie-up announced in July would create the first US transcontinental railroad and offer single-network service from coast to coast. CSX chief executive Joseph Hinrichs touted alliances and partnerships as a better way to expand network access, pointing to a two-year approval process that the UP-Norfolk Southern merger proposal will likely face before the Surface Transportation Board (STB). "We don't need to wait two years for a regulatory approval process like the STB is going to go through" with the UP-Norfolk Southern merger application, Hinrichs said in a televised interview with CNBC on Wednesday. "We can do it now and we can do it with Canadian railroads as well." Hinrichs said CSX's partnership with BNSF came together after a meeting in Omaha, Nebraska, on 22 August with Warren Buffett, chief executive of Berkshire Hathaway, which owns BNSF. BNSF did not make an outright offer to buy CSX, Hinrichs said. "But they made it clear that they want to work together to solve these problems and create growth opportunities for all of us," Hinrichs said. Fellow Class I railroad Canadian Pacific Kansas City (CPKC) took itself out of the running as a potential merger partner this week, echoing the idea that partnerships were the preferred path to grow network access. CPKC chief executive Keith Creel in July had said the railroad was weighing all scenarios, including a potential merger, in response to the UP-Norfolk Southern deal. But after weighing the options, CPKC on 26 August said that any major rail merger would pose "unique and unprecedented risks to customers, rail employees and the broader supply chain." By Chris Baltimore Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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