Trump should sour on mexican sugar quotas _ washington examiner

If you gave up sweets for Lent, your timing is impeccable, because candy may be more expensive this month than ever.

The cause is a pointless trade dispute with Mexico rooted in indefensible American protectionism.

Mexico’s sugar industry announced this week that it suspended exports into the U.S. Sugarcane calories This comes when the price of American sugar is at its highest in nearly five years, and is 50 percent higher than the world market price. Extraction of sucrose from sugarcane The proximate cause is a bureaucratic scuffle within a wider trade dispute dating back to 2014.

But the root cause is Washington’s absurd sugar policy, which is a corporate welfare program for domestic cane growers and beet farmers. Sugar cane mill for sale The main subsidy for sugar growers comes in the form of import quotas.


Sugar cane juice diabetes Brazilians, Mexicans and Dominicans want to sell us more sugar, and food makers want to buy more too, but the Department of Agriculture won’t let it happen.

Curbing supply drives up the price of sugar, subsidizing beet growers in Minnesota and the cane growers in Florida. Sugar and cancer myth In the real world, a pound of raw sugar costs $20.40. Sugar industry in india wikipedia In America, it’s $30.59.

The sugar producers’ gain is the sugar users’ loss. Inversion of cane sugar Candy makers and food manufacturers pay more. History of sugarcane This drives up the price we all pay for peanut butter at the checkout aisle. Australian sugar industry Consumers, forced to buy either overpriced sugar or its almost-as-costly substitute, high-fructose corn syrup, are obliged to spend $2.4 billion a year more than necessary to finance this boondoggle.

That’s how protectionism works. Sugarcane juice for diabetic patient A politically favored industry profits — the sugar barons’ political connections are legendary — while the rest of us pay the tab.

Late last decade, Hershey moved 1,500 jobs to Monterrey, Mexico, closing or shrinking plants in San Francisco and Reading, Pa. Sugar cane press for sale Brach’s caramels are now made in Mexico. Sugarcane bagasse uses So are Red Hots and Jawbreakers. Sugarcane bagasse composition Those jobs might all still be in America if not for protectionism.

So we increasingly buy our candy from Mexico, but we’re banned from buying sugar from Mexico this month. Sugarcane ethanol Mexico has canceled permits to export sugar to America because it has already hit its six-month quota. Process of making sugar from sugarcane in sugar factory Between now and April 1, when Mexican sugar will be allowed across the border again, domestic prices of raw sugar will probably climb, and the needless pain could trickle downstream, hurting candy makers and consumers even more.

Mexican authorities blame the halt on incompetence at the Department of Commerce. Picture of sugarcane plant This should prompt Commerce Secretary Wilbur Ross to get his department fully manned.

There’s a more important lesson in this mess for Ross, though. High fructose corn syrup vs cane sugar He is a dedicated protectionist, having built his fortune partly by betting on beleaguered industries, such as steel, that profited through federal protection. Uses of sugarcane juice He has advocated for policies similar to the sugar program that protect domestic producers from foreign competition.

Most imports are like raw sugar, intermediate goods rather than consumer goods. Is sugarcane juice fattening That is, most of the goods that enter this country are inputs and are used in manufacturing. Growtopia sugarcane Making them more expensive through tariffs or quotas, raises the cost of running a factory here. Sugar cane machine price in india That costs jobs.

Central planners who think they are smarter than the market are proved wrong again and again. Is sugarcane juice healthy They don’t create wealth but redistribute it, often from the less politically connected to the more connected, and from the more efficient to the less efficient. Is sugarcane healthy As Mexican sugar demonstrates, when governments interfere with markets in goods and services, bureaucrats gum up the system.

The Washington Examiner http://www.washingtonexaminer.com/s3/wex15/img/wex_eagle_large.png The Washington Examiner 2017 Washington, DC Politics 2017-03-12 http://www.washingtonexaminer.com/trump-should-sour-on-mexican-sugar-quotas/article/2616971 2017-03-12T00:00 2017-03-11T10:32 Trump should sour on Mexican sugar quotas If you gave up sweets for Lent, your timing is impeccable, because candy may be more expensive this month than ever.

The cause is a pointless trade dispute with Mexico rooted in indefensible American protectionism.

Mexico’s sugar industry announced this week that it suspended exports into the U.S. Raw sugar vs brown sugar This comes when the price of American sugar is at its highest in nearly five years, and is 50 percent higher than the world market price. Raw sugar vs refined sugar The proximate cause is a bureaucratic scuffle within a wider trade dispute dating back to 2014.

But the root cause is Washington’s absurd sugar policy, which is a corporate welfare program for domestic cane growers and beet farmers. Benefits of sugarcane juice for weight loss The main subsidy for sugar growers comes in the form of import quotas. Sugarcane juice machine price in mumbai Brazilians, Mexicans and Dominicans want to sell us more sugar, and food makers want to buy more too, but the Department of Agriculture won’t let it happen.

Opinion,White House,Editorial,Executive Branch,Mexico,Economy,Donald Trump,Minusextra,Washington Examiner,Sugar Industry,Trade http://cdn.washingtonexaminer.biz/cache/360×205-01a9439e92aa44e402340d6a621d2b37.jpg

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