Absent a new deal, U.S. to impose AD, CVD duties on Mexican sugar on June 5

The United States will scrap agreements suspending antidumping and countervailing duties on Mexican sugar and re-impose those trade remedies on June 5 unless the two governments agree on a renegotiated version of the deal, the Commerce Department announced on May 1. “While I regret that such measures were needed, it is my hope that Mexico and the United States can reach a fair agreement before June,” Commerce Secretary Wilbur Ross said in a statement. The Commerce Department issued two letters...