Mexico — The U.S. sugar industry is anxiously awaiting an August 25 preliminary determination by the Department of Commerce regarding their investigation of Mexican subsidies to its domestic industry that exports surplus sugar into the U.S. market. If the Mexican subsidies that we allege are confirmed, a countervailing duty that is equivalent to the subsidies could be imposed on sugar imported from Mexico.
This action would then be followed in September/October by a preliminary determination on the dumping of Mexican sugar into the U.S. market. Dumping is when a product is sold in a foreign market below what it is sold for in its domestic market or below its cost of production. If evidence of dumping is determined, a separate set of duties would then be assessed in addition to the countervailing duties.
Read our entire issue and back issues. Click here.
Luther Markwart, author of Dateline Washington, is executive vice president of the American Sugarbeet Growers Association.