The US announces fiscal year 2025 WTO tariff-rate quota allocations for raw cane sugar, refined and specialty sugar, and sugar-containing products

Published 2024년 7월 25일

Tridge summary

The U.S. Trade Representative (USTR) has announced the tariff-rate quotas (TRQs) for imported raw cane sugar, refined and specialty sugar, and sugar-containing products for Fiscal Year 2025. The in-quota quantity for raw cane sugar is set at 1,117,195 metric tons raw value (MTRV), meeting the minimum WTO commitment. The refined sugar TRQ is 232,000 MTRV, with allocations to Canada, Mexico, and a portion on a first-come, first-served basis. Specialty sugar imports will be managed in five tranches starting October 1, 2024. Additionally, 64,709 metric tons of TRQ for certain sugar-containing products are allocated, mainly to Canada. All TRQs for FY 2025 will be effective from October 1, 2024.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

WASHINGTON – The Office of the U.S. Trade Representative (USTR) today announced the country-specific and first-come, first-served in-quota allocations of the tariff-rate quotas (TRQs) on imported raw cane sugar, refined and specialty sugar, and sugar-containing products for Fiscal Year (FY) 2025 (October 1, 2024, through September 30, 2025). TRQs allow countries to export specified quantities of a product to the United States at a relatively low tariff, but subject all imports of the product above a pre-determined threshold to a higher tariff.On June 14, 2024, the Acting Administrator of the Foreign Agricultural Service of the U.S. Department of Agriculture (Administrator) announced the establishment of the in-quota quantity for raw cane sugar for FY 2025. The in-quota quantity for the TRQ on raw cane sugar for FY 2025 is 1,117,195 metric tons raw value (MTRV)*, which is the minimum amount to which the United States is committed under the World Trade Organization (WTO) ...

Source: USTR