Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Mexico to cut share of refined sugar sent to U.S., minister says
Source: Reuters
Tue Jun 6, 2017 | 10:45am EDT
Mexico will reduce the proportion of refined sugar it can export to the United States to 30 percent under a new agreement likely to be announced later today, Mexican Economy Minister Ildefonso Guajardo said on Mexican radio on Tuesday.
Currently, the proportion of refined sugar exports from total sugar exports Mexico can send to the United States is 53 percent.
(Reporting by Dave Graham)
###
Read more: http://www.reuters.com/article/us-usa-trade-mexico-statement-idUSKBN18X1DA?il=0
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
5 replies, 4271 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (2)
ReplyReply to this post
5 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Mexico to cut share of refined sugar sent to U.S., minister says (Original Post)
DonViejo
Jun 2017
OP
Actually increasing refined sugar exports to the US might do more harm (health wise)
Freethinker65
Jun 2017
#1
Freethinker65
(10,034 posts)1. Actually increasing refined sugar exports to the US might do more harm (health wise)
Yes. I know the real intent is to increase the price of sugar which will hurt our economy.
vkkv
(3,384 posts)2. Who EVER thought that being POTUS could be SO HARD ?!?!
Being an apprentice celebrity was a LOT easier.
Eugene
(61,938 posts)3. U.S., Mexico reach sugar pact without backing from U.S. producers
Source: Reuters
BUSINESS NEWS | Tue Jun 6, 2017 | 3:52pm EDT
U.S., Mexico reach sugar pact without backing from U.S. producers
By David Lawder | WASHINGTON
The U.S. and Mexican governments reached a new agreement to significantly shift their sugar trade mix, but U.S. sugar producers have failed to endorse the deal, leaving question marks over whether it could still sour broader trade relations.
U.S. Commerce Secretary Wilbur Ross said the "agreement in principle" with Mexican Economy Minister Ildefonso Guajardo calls for Mexico to reduce the share of refined sugar in its exports to the United States, while increasing the share of raw sugar.
He said Mexico met nearly every request by the U.S. sugar industry to fix problems with a 2014 sugar trade agreement.
"Unfortunately, despite all of these gains, the U.S. sugar industry has said it is unable to support the agreement in its present form," Ross said without elaborating on their objections.
[font size=1]-snip-[/font]
An agreement was expected to help avoid potential retaliation from Mexico on imports of U.S. high-fructose corn syrup, a trade battle that would heighten U.S.-Mexico tensions as both countries along with Canada prepare to begin renegotiating the 23-year-old North American Free Trade Agreement in August.
[font size=1]-snip-[/font]
U.S., Mexico reach sugar pact without backing from U.S. producers
By David Lawder | WASHINGTON
The U.S. and Mexican governments reached a new agreement to significantly shift their sugar trade mix, but U.S. sugar producers have failed to endorse the deal, leaving question marks over whether it could still sour broader trade relations.
U.S. Commerce Secretary Wilbur Ross said the "agreement in principle" with Mexican Economy Minister Ildefonso Guajardo calls for Mexico to reduce the share of refined sugar in its exports to the United States, while increasing the share of raw sugar.
He said Mexico met nearly every request by the U.S. sugar industry to fix problems with a 2014 sugar trade agreement.
"Unfortunately, despite all of these gains, the U.S. sugar industry has said it is unable to support the agreement in its present form," Ross said without elaborating on their objections.
[font size=1]-snip-[/font]
An agreement was expected to help avoid potential retaliation from Mexico on imports of U.S. high-fructose corn syrup, a trade battle that would heighten U.S.-Mexico tensions as both countries along with Canada prepare to begin renegotiating the 23-year-old North American Free Trade Agreement in August.
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/us-usa-trade-mexico-delay-idUSKBN18W2K4
mahatmakanejeeves
(57,581 posts)4. Does this mean the end of real Coca-Cola? NT
vkkv
(3,384 posts)5. oh boy! More high-fructose corn syrup for us !!
USA!
USA!
USA!
USA!
USA!
USA!
USA!
USA!
USA!
USA!
USA!
USA!
USA!