US-UK Trade Deal Is Disastrous for UK Ethanol Sector, Group Says
The UK trade deal struck with US President Donald Trump will have 'disastrous' consequences for Britain's ethanol sector as tariff-free imports threaten local producers' existence, an industry group warned.
As part of the framework announced Thursday, the UK will fast-track US items through customs process and reduce barriers on 'billions of dollars' of a range of exports, and includes the removal of tariffs on 1.4 billion liters (370 million gallons) of ethanol. Removing the duties severely threatens British biofuel producers, the National Alcohol Producers Association said.
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