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March 31, 2017
National Biodiesel Board Fair Trade Coalition Files Antidumping, Countervailing Duty Petition

On March 23, 2017, the National Biodiesel Board (NBB) announced that an antidumping and countervailing duty petition had been filed with the U.S. Department of Commerce (DOC) and the U.S. International Trade Commission (ITC) claiming that Argentine and Indonesian companies are violating trade laws by saturating the U.S. market with dumped and subsidized biodiesel.  The petition was filed on behalf of the National Biodiesel Board Fair Trade Coalition, which represents the NBB and U.S. biodiesel producers.  According to NBB, Argentine and Indonesian producers are selling their biodiesel in the U.S. at prices that are substantially lower than their costs of production, and government programs in both countries are providing illegal subsidies to their domestic biodiesel industries.  Between 2014 and 2016, biodiesel imports from Argentina and Indonesia increased by 464 percent, which resulted in an 18 percent loss in market share for U.S. manufacturers.  Both countries have previously been charged with violating international trade laws.  Following NBB’s announcement, Senator Maria Cantwell (D-WA) released a statement urging DOC and ITC to give the suit every appropriate consideration and pledging to continue to work across the aisle to reform the biodiesel tax credit, so that it incentivizes the domestic production of clean, renewable biodiesel.


 
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