European Commission looks to add new anti-subsidy tariff on Indonesian biodiesel imports

In Belgium, Reuters reports that the European Commission is looking to lob an anti-subsidy tariffs of between 8% and 18% on Indonesian biodiesel imports. Export financing and tax breaks on palm oil by the Indonesian government are among the reasons that the European Commission plans to implement the new tariffs as part of an ongoing seven-year fight. The Indonesian companies have until Friday to dispute the European Commission’s calculations, so they are currently preparing documentation to present.