MEXICO |
Sugar agreement with US approved. The Mexican and US governments signed off on a series of amendments to existing rules governing their bilateral sugar trade on 3 July. The signing of the new agreement ends a long-running dispute dating back to 2014 and centred on accusations by US sugar producers that their Mexican counterparts were dumping subsidised refined sugar in the US market. This led US producers to present a formal complaint before the US Department of Commerce, which threatened to impose anti-dumping duties on Mexican sugar imports unless Mexico adjusted its sugar subsidies.
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