6/9/2004

The U.S. and Mexico have been negotiating a deal that would allow American corn syrup into Mexico and Mexican sugar into the U.S., ending the need for a 20% Mexican tax on soft drinks made with the less expensive corn syrup. Mexico had appealed to NAFTA in its cause, and the U.S. had taken its case to the World Trade Organization. NAFTA calls for free trade in sweeteners by 2008, but the American Sugar Alliance says a deal needs to be in place before then.

Full Story:
NYTimes.com

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