The Tariffs And Floor Price In The U S Sugar Industry

Granted another nation a share of the foreign quota that country could sell its surplus sugar at prices significantly higher than the price in the global marketplace.

The tariffs and floor price in the u s sugar industry.

Candy makers have responded to the tariffs and price floor policies that were introduced as temporary measures in the u s. Resulted in higher prices and fewer jobs. The sugar industry of the united states produces sugarcane and sugar beets operates sugar refineries and produces and markets refined sugars sugar sweetened goods and other products the united states is among the world s largest sugar producers. Producers at the expense of u s.

Consumers at the expense of u s. Have been established in recent years as a protest against rising sugar prices in foreign markets. Sugar industry during the 1930s. Producers from selling overseas.

Quotas and other trade measures designed to protect the domestic sugar industry for instance are estimated to cost the u s. Government that is taxpayers as much as 138 million through. Sugar industry has enjoyed trade protection since 1789 when congress enacted. The tariffs and floor price in the u s.

According the usda estimates the united states will use approximately 11 885 000 tons of sugar in fiscal year 2012 2013 yet despite this incredibly large and ever increasing use of sugar few americans are aware of the economic price we pay for the government s cartel like control of the us sugar market.