(William Johnson – Daily World)
Saying that Mexican sugar subsidies are giving that country’s sugar mills an unfair trade advantage, the U.S. Department of Commerce has imposed new duties on Mexican sugar.
As a result of this preliminary ruling, a duty deposit will be collected on sugar imports from Mexico until the federal government can complete its investigation and make a final determination in the case.
The federal government will impose a 17% duty deposit on sugar imported from mills operated by the Mexican government. Sugar produced by the Mexican company GAM will see a 2.99% duty deposit and all other Mexican sugar will be subject to a 14.87% duty deposit. Read more here.