Long, strange trip: How U.S. ethanol reaches China tariff-free | Reuters

in dlike •  6 years ago 

share-with-dlike.jpg

Ethanol shipments from the United States to China face a 70% tariff. Yet Ethanol is entering the country without a single cent of tariff levied. This is because Ethanol shippers are very creative. The ethanol finds it way to an Asian country first and then is blended. This removes the possibility of tariff.


Source of shared Link

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!