The U.S. International Trade Commission is maintaining the suspension agreements on Mexican sugar that protect U.S. producers.
The commission voted unanimously that ending the agreements would result in the “continuation or recurrence of material injury within a reasonably foreseeable time,” according to a commission summary. The suspension agreements create higher floor prices for Mexican sugar.
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“Sugar is an essential ingredient for American consumers and food manufacturers, and our farmers and workers are proud to produce sugar here in the United States. However, predatory international trade practices threaten our family farms and American factories, and the USITC’s decision to continue the Suspension Agreements reflects that reality," Rob Johansson, director of economics and policy analysis at the American Sugar Alliance, said in a statement.
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