China May Take The Ethanol Pledge, Helping Trump Before Elections — Panjiva
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China May Take The Ethanol Pledge, Helping Trump Before Elections

Ags - Grains/Beans 318 China 3048 Energy - Renewables 205 Trade Deals 1017 U.S. 5399

The Chinese government may include a commitment to importing U.S. ethanol in its new trade deal with the U.S., though it is not in a hurry to make firm decisions. The deal requires China to increase imports from the U.S. by $200 billion in the 2020 to 2021 period compared to 2017. U.S. exports of ethanol in the 12 months to Oct. 31 reached $2.18 billion, yielding a significant area of potential export growth from China that would be politically palatable to the Trump administration ahead of the elections in key swing states including Iowa and Minnesota. Prioritizing China for U.S. export...

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