When you’re picking up sugar at the grocery story, do you check the label? If so, you may notice a lot of sugar coming in from Mexico.
Now the U.S. international Trade Commission has determined there is a reasonable indication that U.S. sugar growers have been materially injured by those Mexican sugar imports, which are subsidized and sold in the U.S. at less than fair value. The Commerce Department is investigating the issue. American Sugar Alliance Spokesperson Phillip Hays says the ITC made the right decision and that Mexico’s actions have harmed hardworking sugar producers and taxpayers. U.S. sugar growers say Mexico’s actions will cost the industry 1 billion dollars this year.