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Sugar Industry Is Exhibit A of Tariff Favoritism
date:Dec 20, 2018
oid, bidding on a share of Cubas former quota.

There was plenty of incentive to do so. If the U.S. 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.

Some nations that stepped into Cubas shoes, like Liberia or Malawi, grew sugar. Others, like Ireland, shrewdly lobbied Congress for a quota share, then turned around and bought sugar from Communist Poland at the going market rate o

12/24 11:05