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US-Mexico trade talks as sugar firm cries foul

Thursday, October 6, 2016


As the U.S. government reworks a supply deal with Mexico, a top player in one of the world's largest sugar markets is crying foul and claims competitors are using the trade talks to deny it access to cheap Mexican sugar imports.

Mexico is the top supplier to the U.S. sugar industry and negotiators from both countries are in talks to change a 2014 trade pact that prescribes the balance of raw and refined sugar that heads north to ensure U.S. refiners have what they need.

Source: Reuters