UPDATE 1-U.S. asks Brazil to review ethanol quotas in tariff talks -industry group [Reuters]
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Source: Reuters
UPDATE 1-U.S. asks Brazil to review ethanol quotas in tariff talks -industry group | Reuters Reuters Staff 3 Min Read (Adds details on content of U.S.-Brazil talks, trade details, other background) By Iuri Dantas SAO PAULO, March 28 (Reuters) - U.S. negotiators asked Brazil to review ethanol import quotas and finalize the so-called Open Skies air deal as preconditions for discussing import tariffs over Brazilian steel and aluminum, a director at industry group FIESP told Reuters on Wednesday. U.S. negotiators also requested in a Tuesday meeting that Brazil take measures to prevent China from circumventing the U.S. tariffs, said FIESP foreign trade director Thomaz Zanotto, who was briefed on the discussions. In return, the United States could back Brazil’s efforts to join the Organization for Economic Cooperation and Development, Zanotto said. The U.S. government had previously backed Peru to join the 35-member Paris-based OECD but is reconsidering after the resignation of President Pe
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