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US Seeks Views On Mexican Sugar Trade Compromise

by Mike Godfrey, Tax-News.com, Washington

16 June 2017

The United States has invited comments on the draft agreement with Mexico, which includes trade-offs agreed in return for the suspension of anti-dumping and countervailing duties on Mexican exports of sugar.

The agreement was provisionally approved by US and Mexican representatives at the beginning of June following intensive negotiations. It included measures to prevent dumping of Mexican sugar – where Mexican sugar is allegedly being sold in the US at below Mexican domestic market prices – and to correct for alleged subsidies for the Mexican sugar industry.

The US Department of Commerce is now seeking views from interested parties before it makes its final decision regarding concluding a finalized agreement. It will accept comments via its online system until June 26.

Commerce is currently scheduled to sign final amendments to the agreement by June 30.

TAGS: interest | anti-dumping | Mexico | United States

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