US Congressmen want law against sugar subsidies, say countries like India give billions of dollars to support its inefficient sector
Sugar
United States
Published Feb 4, 2023
Tridge summary
Brazil provides direct and indirect subsidies of at least $2.5 billion/year and India at least $1.7 billion/year to support its inefficient sugar industry; Thailand has more than tripled its sugar exports since 2004 with $1.3 billion/year in subsidies and government price-fixing, said the two US lawmakers in the House of Representatives.
Original content
Two US Congressmen have introduced legislation in the US House of Representatives against the subsidies on sugar given by countries including India. Lawmakers Kat Cammack and Dan Kildee argued that these subsidies given by countries like India , Brazil, Russia, Mexico as well as the European Union harm American farmers and the US sugar market. The survival of American sugar producers is threatened by the unfair practices and dumping of cheap sugar subsidized by foreign countries, Congresswoman Cammack alleged. Foreign countries including India, Brazil, Thailand, Russia, Mexico, as well as the European Union, have subsidized artificially cheap sugar on the global market at the expense of the American sugar industry, she said. Free trade must also be fair trade, and we should not abandon our own production capabilities in favor of cheap imports that destroy our domestic markets and American producers' livelihoods. Food security is national security, she said. The proposed resolution ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.