Commerce Dept. Rules that Mexican Sugar Subsidies Distorted Trade
FOR IMMEDIATE RELEASE September 17, 2015 |
CONTACT: Phillip Hayes 202-271-5734 (cell) |
WASHINGTON—The U.S. Department of Commerce (DOC) today ruled that Mexico’s sugar industry unfairly dumped subsidized sugar onto the U.S. market. Mexico’s sugar industry was found to be dumping at margins of 40.48 percent to 42.14 percent and subsidized from 5.78 percent to 43.93 percent. Mexico’s government-owned sugar mills were subsidized at 43.93 percent.