The Tariffs And Floor Price In The U S Sugar Industry

The united states u s is the fifth largest sugar producer and fifth largest consumer of sugar in the world.

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

Have been established in recent years as a protest against rising sugar prices in foreign markets. Producers at the expense of u s. Consumers and workers the tariffs and price floor policies on the sugar industry have. Quotas and other trade measures designed to protect the domestic sugar industry for instance are estimated to cost the u s.

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. 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. Sugar industry has enjoyed trade protection since 1789 when congress enacted.

Producers from selling overseas. Resulted in higher prices and fewer jobs. Candy makers have responded to the tariffs and price floor policies that were introduced as temporary measures in the u s. 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.

Unlike most other sugar producing countries the united states has both large and well developed sugarcane and sugar beet industries.