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ITC: Mexican sugar harming US farmers, production (2014-05-13) - 5/13/2014 -

Houma Tri-Parish Times - ITC: Mexican sugar harming US farmers, production (2014-05-13)


The International Trade Commission is working to preserve the American sugarcane farmerís agricultural way of life by investigating petitions against subsidized sugar from Mexico entering the United States market.

The antidumping and countervailing duty petitions, which were filed in March, claim Mexicoís actions cost the U.S. sugar industry $1 billion this year. Sugar farmers are not the only party to feel the effects as the increase in Mexicoís exports cost taxpayers $278 million in 2013 in order to keep the market from collapsing, according to officials. READ THE STORY


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