Why candy will be more expensive this Halloween?

Aug. 27, 2014 - PRLog -- The U.S Department of Commerce imposed a preliminarily tariff ranging from 2.99 percent to 17.01 percent to sugar imported from Mexico, a move that could raise prices of sweets and soft drinks in the country.

The resolution is the result of an investigation by the Department of Commerce based on complains from American businessmen arguing that Mexican sugar exports benefit from state subsidies causing the sugar export pricing to be lower.

The Department imposed a rate of 17.01 percent to the Expropriated Sugar Fund Sector (FEESA) and 2.99 percent to sugar from Ingenio Tala S.A; while for the rest of Mexican producers would be 14.87 percent.

The U.S Department of Commerce specified that this is a preliminary decision as it will make its final decision in January 2015.

On 29 March, the American producers of the American Sugar Alliance submitted a request to the authorities to initiate an investigation against Mexican sugar exports...read more by clicking on the link below

http://abastomedia.com/en/unsweetened-road-to-the-u-s-for...