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Trade War Hurting the U.S. Ethanol Industry 'Badly'

Credit: Wochit News
Published on May 15, 2019 - Duration: 00:35s

Trade War Hurting the U.S. Ethanol Industry 'Badly'

According to Reuters, Mike Dwyer, chief economist of the U.S. Grains Council said that the U.S.-China trade war is hurting the U.S. ethanol industry “badly." The trade conflict between the two countries escalated just about a year after China said it would target the roll-out of gasoline known as “E10,” containing 10 percent ethanol, by 2020.

This was expected to bolster the country’s demand for U.S. ethanol.

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Trade War Hurting the U.S. Ethanol Industry 'Badly'

CHINA OUT A JULY 26, 2013, FILE PHOTO

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