Puerto Vallarta News

Puerto Vallarta News

There is Nothing Sweet in this Sugar War

There is nothing sweet in the sugar war that is unfolding between Mexico and the United States.

The U.S. industry, sometimes called Big Sugar, simmers over soaring competition from Mexico and argues that a doubling of Mexican exports triggered a collapse in the market price of sugar.

A reluctant Obama administration has opened a formal investigation into those exports that could result in new import duties on Mexican sugar — and ignite a broader trade dispute over sweeteners that might affect other U.S. industries.

A spokesman for the American Sugar Alliance, Phillip Hayes, said the sugar industry faces losses . . .

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