Sao Paulo: Brazil's ethanol and sugar producers on Thursday despaired at the imposition of new 25% tariffs on Brazilian goods by the U.S. government, lamenting a rollback in cooperation between the two countries.
According to the Union of the Sugarcane and Bioenergy Industry (UNICA), the U.S. accounted for 253 million liters of ethanol exports in 2025, worth $163 million, making the North American country the sector's second-most important foreign market after South Korea.