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Very fine people | Trump


jueves, 15 de junio de 2017

After US trade negotiations with Mexico, Minnesota's sugar growers mostly keep their sweet deal

After US trade negotiations with Mexico, Minnesota's sugar growers mostly keep their sweet deal
- Across many industries, from automaking to food processing, the United States and Mexico enjoy a closely intertwined, friendly trade relationship, thanks to the North American Free Trade Agreement.
When it comes to the sugar trade under NAFTA, though, ties between the U.S. and Mexico are anything but sweet. For years, the U.S. sugar industry has worked hard to limit how much sugar Mexico, the world’s sixth-largest sugar producer, can send to the north. Mexico, constantly looking for places to sell excess product, has sought ways around existing trade law to get its cane sugar sold on the U.S. market.
President Donald Trump has vowed to protect U.S. industries, and opened up renegotiation of NAFTA with tough talk on Canadian and Mexican trade practices. Observers pointed to sugar as an especially contentious area where trade talks could go sour.