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NBB says cash duties likely next step in import case

The case filed by the National Biodiesel Board (NBB) against Argentina and Indonesia biodiesel exports to the U.S. is moving forward. Anne Steckel, head of NBB federal affairs, tells Brownfield Ag News preliminary counter-vailing cash duties are likely this summer, “If the Department of Commerce continues to see… they study the numbers and that we see dumped imports come into the U.S. market, they start collecting these cash deposits. And, the cash deposits are held until the case is finally ruled on which will probably sometime next March.”

Steckel says those duties could prevent increases in unfairly subsidized biodiesel imports, “It’s REALLY important when we start to see these cash deposits come in. And the cash deposits are just held in the U.S. Treasury. They don’t go to anyone. And, that’s good because it will immediately start to level the playing field and help out our domestic producers.”

The U.S. International Trade Commission voted unanimously, earlier this month, to move the investigation forward. Steckel testified at a Commerce Department hearing last week about Indonesia’s U.S. Trade deficit. She says the U.S. doesn’t export any biodiesel to Indonesia and biodiesel from that country into the U.S is second only to sports footwear imports.

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