Bakers injured by U.S. sugar growers’ claim, says IBA
The U.S. Department of Commerce set duties of 17% to 2.99% on Mexican sugar imports in a preliminary determination, according to an Independent Bakers Association (IBA) press release. American sugar growers allege that the Mexican government subsidizes sugar production to an extent that it causes substantial financial injury to American growers.
“One word: ludicrous,” states IBA Chairman Ron Cardey. “The U.S. government subsidizes American sugar, and it costs bakers and consumers billions of dollars, yet our elected officials do nothing. American sugar growers claim the slightest loss, and the U.S. government leaps to their defense.”