US trade regulators ruled last Friday in favour of investigating allegations that Mexico is dumping cheap sugar in the United States, taking Washington closer to imposing penalties on sweetener imports. In a preliminary vote, US International Trade Commission officials found that imports of sugar from Mexico could injure local sugar growers.
Five commissioners voted in favour of probing accusations filed by the domestic sugar industry at the end of March that sweetener is being sold into the United States below fair value. The sixth declined to vote. As a result, the Commerce Department will continue to assess potential anti-dumping and countervailing duties, with a preliminary decision expected next month.
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