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Trump views sugar deal with Mexico real sweet

Friday, June 30, 2017


President Donald Trump tweeted Thursday praising a new pending sugar deal with Mexico aimed at keeping the southern neighbor from dumping cheap sugar into the U.S. market.

Trump tweeted that the new deal which has been negotiated with Mexico is "a very good one for both Mexico and the U.S. Had no deal for many years which hurt U.S. badly."

The agreement, which was first announced earlier this month, is expected to be formally signed later this week. The U.S. sugar industry estimates they have lost more than $4 billion because Mexico has been flooding the market with subsidized sugar.

Source: Fox Business