Tariffs add more confusion to US-Mexican sugar trade

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(Bloomberg) – Years of Drought in Mexico have already broke the export of sugar to the United States. Now President Donald Trump’s proposed tariffs once worse profitable trade relations for the best external supplier of America.

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Trade agreements between the two nations are designed to create a valid flow in the United States. However, the system, which is more imports from anywhere in the system, has not been opened. The transportation sent from Mexico in 2025 is expected to be 17 years in a low level, the Latin American nation is expected to be more than a smaller sliver.

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The United States is more than ten years in order to protect the sugar industry, farmer’s profit and prevent other countries from flooding the country with sugar. The exception was Mexico, the US-Mexican-Canadian trade agreement, which sent free information within the US-Mexican-Canadian Trade Agreement, as part of an export limit and minimum price floor in 2014. These arrangements were given to the United States, the largest outer sugar supplier in Mexico.

However, in the last two years, drought has cut the production in Mexico and the United States needed more sugar than the amount allowed in low positions. Mexican sugar became so expensive that it was cheaper to pay more steep tax to supply countries like Brazil for American importers. The possible salary of tariffs for goods covered by the North American Trade Agreement is a wise in sugar trading in the future.

Tariffs will come into force on April 2, but now shows that the trade has already been rebuilt. This year importers, this year, this year, “angry” sugar, “angry” shipping, Oliver rental, vice-president and trade leader in SUCRO, can purchase Sugar Processing LLC. But now, “Effectively stopped the flow of the commodity.”

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Tumult helped support the prices of increased sugar cats: In late February, the most active US Sugar Agreement traded up to 38 kopecks, the price of the highest and worldly sugar price for about 20 kopecks since November.

Prices, as players have moved less than the “true action” as they go to the import of high taxes than from Mexico other countries.

The latest financial year, which ended in September, noted that the United States has more trust in higher imports than Mexican sugar.

The United States is the latest monthly report that the current season, which started on October 1, is estimated at 495,000 short tons of high-level imports. This figure, which has any potential tariff effects, equates these supply with Mexican forecasts.

To be sure, the United States has sufficient sugar. Internal production is growing and the supply of the main USDA shows adequate supply.

In the American Sugar Alliance, Rob Johansson, Rob Johansson, said that as a result of the tariffs, “he did not expect any obstacles to sugar,” he said. According to him, the industry “will continue its part of sugar from us to the grown sugar products and imports.”

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However, the United States says sugar users and Mexican producers, not from other places, but from the southern neighbor of America.

“This is the US President of Mexico, the President of Sweet Pasco, President of Sweet Pasco, Rick Pasco said.

The Mexican government and the Sugar Chamber of Sugar have increased concerns on the last autumn of the US market for the letters sent to the Database Department of the US market.

CEO Diego Herrera, CEO of Guatemala-based Grupo Pantalo, which produces 40% of the sugar in Mexico, said the company’s strategy was to reduce the production costs in Mexico and selling to North American markets at a higher price.

“When this bilateral agreement between this and Mexico is not only works,” Pedro Figueroa, California Paliforneroa Pedro Figueroa in Palifornia, California. “And it really punishes a great time in the Mexican industry.”

– Assistance from Dashne Sousa.

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