Sugar producers ask the US government to limit imports

the U.S. Trade Representative (USTR) asking the government to enforce protectionist policies against what it called discriminatory trade practices by foreign sugar-producing countries, including subsidized sugar exports. U.S. sugar policy includes limited imports under lower tariff rate quotas (TRQs) negotiated under the World Trade Organization, as well as free imports above the quota, which are subject to high tariffs. The ASA argues that tariffs on above-quota imports have become ineffective over the years and need to be updated. “Without stemming this flow of subsidized foreign sugar imports, the American industry will face disaster, with credit losses likely to begin within months, followed by a complete cancellation,” the Alliance wrote in its comments to the USTR. Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus ...