US and Mexico to Settle Sugar Dumping Row
US and Mexican officials
announced on Monday that they had reached draft deals that could – if finalised
– resolve a contentious row between Washington and Mexico City over sugar
trade.
The draft “suspension
agreements,” which have been initialled but not formally adopted, would halt
two ongoing US investigations into whether Mexican
producers have been selling sugar onto the US market at prices below their
normal value– a practice known in trade jargon as dumping – and whether these
producers have also received unfair state aid.
“The agreements should provide
critical stability in a market that is important to both countries, while also
ensuring that farmers and sugar refiners in the United States have an
opportunity to compete on a level playing field,” said Stefan Selig, US Under
Secretary of Commerce for International Trade.
Mexico’s Secretariat of the
Economy similarly welcomed the move, noting that the deal will bring “certainty
and stability” to its country’s sugar and sweeteners market via ensuring
continued preferential access for Mexican exports.
The US Commerce Department
began its anti-dumping and countervailing duty investigations in April, in
response to a late March request by the American Sugar Alliance, a US-based
coalition of sugarcane and sugar beet producers. The industry group has
suggested that these alleged practices have cost American producers over US$1
billion this year alone.
Under the North American Free
Trade Agreement (NAFTA) – a 20-year-old deal that includes the US, Canada, and
Mexico – sugar from Mexico benefits from duty-free, tariff-free export to the
US. Exports of Mexican-produced sugar were worth US$1.1 billion last year,
according to Commerce Department statistics.
Suspension agreements
The draft suspension agreement
for the countervailing duties, Commerce says, features provisions that “ensure
there is not an oversupply of Mexican sugar that could cause price declines
that threaten the US industry and farmers.”
What these provisions
themselves would involve was not outlined in detail in their press statement,
though US officials have said that there will be mechanisms put in place aimed
at preventing imports from being concentrated at certain points during the
year. There will also be limits on how much refined sugar can enter the US
market.
In a statement of their own,
Mexican officials explained that the quota established in the deal is based on
a formula that guarantees that Mexico will continue to have preferential access
to the US sugar market.
Final deals pending
The months-long saga is not
formally over, however, with interested parties now being given until 10
November to provide their comments on the two proposed deals.
Should final versions of these
suspension agreements then be signed – which must occur by 26 November at
latest – any cash deposits that have been collected by US customs officials in
the time since the preliminary determinations were issued must be refunded to
importers.
If final deals are not signed,
however, then the Commerce investigations will proceed, as will those under the
US International Trade Commission (ITC). While Commerce focuses on whether
there is evidence of illegal subsidies or dumping, the US ITC is tasked with
determining whether such practices – if found – have caused material injury to
domestic injury.
Affirmative determinations
under both the Commerce Department and US ITC are required to impose final
duties.