If across-the-board tariffs were imposed on Mexico, the U.S. sugar industry would feel the impact. Trade attorney Robert Cassidy spoke at the American Sugarbeet Growers Association meeting, saying Mexico is the single largest foreign supplier of sugar to the United States. “It is supplied under the so-called suspension agreements, under the anti-dumping countervailing duty law, and a 25 percent duty would make it very hard for the Mexican suppliers to comply with the minimum price requirements in the agreements,” said Cassidy. “It might make it too expensive for anybody to buy the sugar. We could see our major supplier greatly diminish or conceivably even disappear on short notice.” Cassidy said that scenario would send the U.S. scrambling because there isn’t enough sugar produced domestically.
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