Economic officials from the US and Mexico announced on Tuesday 6 June that they had reached a draft deal to prevent trade remedies planned by Washington on imported Mexican sugar, capping a prolonged series of talks between the two sides.
At issue were two existing “suspension agreements” dating back to late 2014 that put on hold anti-dumping and countervailing duties that would otherwise have been applied to imported Mexican sugar. Negotiators faced a 5 June deadline to reach new suspension agreements, which was later extended for one additional day to hammer out the final details of a draft accord.
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