U.S. in bitter dispute with Mexico over sugar
Tuesday, April 29, 2014
The U.S. sugar industry is facing strong competition from Mexico.
The U.S. argues that a doubling of Mexican exports triggered a collapse in the market price of sugar.
A reluctant Obama administration has opened a formal investigation into those exports that could result in new import duties on Mexican sugar _ and ignite a broader trade dispute over sweeteners that might affect other U.S. industries.
Source: Bradenton Herald