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Mexico–United States Sugarcane Trade Dispute
In 2014, a trade dispute over sugarcane arose between Mexico and the United States. In August 2014 the United States implemented a series of sugar tariffs on Mexican plantation owners in order to establish minimum prices on sugar. These tariffs were issued after U.S. sugar growers criticized the United States for allowing Mexican sugar growers to flood the United States market with a much cheaper supply of sugar. Opposing positions Mexico Spanish settlers brought sugarcane to Mexico, where large plantations quickly began to rise, due to Mexico's high native population, plantation owners were able to find a large neighborhood workforce. After the Mexican Revolution in 1910 the Mexican sugar industry took a dramatic change and is now run by government agencies. Today, Mexico is one of the top ten largest sugar producers in the world. Sugar is the second largest crop in Mexico (after corn). Sugar crops span 1.6 million acres throughout 12 Mexican states and employ 2.5 million of Mexi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sugarcane
Sugarcane or sugar cane is a species of (often hybrid) tall, Perennial plant, perennial grass (in the genus ''Saccharum'', tribe Andropogoneae) that is used for sugar Sugar industry, production. The plants are 2–6 m (6–20 ft) tall with stout, jointed, fibrous stalks that are rich in sucrose, which accumulates in the Plant stem, stalk internodes. Sugarcanes belong to the grass family, Poaceae, an economically important flowering plant family that includes maize, wheat, rice, and sorghum, and many forage crops. It is native to the warm temperate and tropical regions of India, Southeast Asia, and New Guinea. The plant is also grown for biofuel production, especially in Brazil, as the canes can be used directly to produce ethyl alcohol (ethanol). Grown in tropical and subtropical regions, sugarcane is the world's largest crop by production quantity, totaling 1.9 billion tonnes in 2020, with Brazil accounting for 40% of the world total. Sugarcane accounts for 79% of sug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North American Free Trade Agreement
The North American Free Trade Agreement (NAFTA ; es, Tratado de Libre Comercio de América del Norte, TLCAN; french: Accord de libre-échange nord-américain, ALÉNA) was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America. The agreement came into force on January 1, 1994, and superseded the 1988 Canada–United States Free Trade Agreement between the United States and Canada. The NAFTA trade bloc formed one of the largest trade blocs in the world by gross domestic product. The impetus for a North American free trade zone began with U.S. president Ronald Reagan, who made the idea part of his 1980 presidential campaign. After the signing of the Canada–United States Free Trade Agreement in 1988, the administrations of U.S. president George H. W. Bush, Mexican President Carlos Salinas de Gortari, and Canadian prime minister Brian Mulroney agreed to negotiate what became NAFTA. Each submitted the agreement for r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Trade Of The United States
Foreign trade of the United States comprises the international imports and exports of the United States. The country is among the top three global importers and exporters. The regulation of trade is constitutionally vested in the United States Congress. After the Great Depression, the country emerged as among the most significant global trade policy-makers, and it is now a partner to a number of international trade agreements, including the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO). Gross U.S. assets held by foreigners were $16.3 trillion as of the end of 2006 (over 100% of GDP). Introduction The country has trade relations with many other countries. Within that, the trade with Europe and Asia is predominant. To fulfill the demands of the industrial sector, the country has to import mineral oil and iron ore on a large scale. Machinery, cotton yarn, toys, mineral oil, lubricants, steel, tea, sugar, coffee, and many more items are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2014 In The United States
Events in the year 2014 in the United States. Incumbents Federal government * President: Barack Obama ( D-Illinois) * Vice President: Joe Biden (D-Delaware) * Chief Justice: John Roberts ( New York) * Speaker of the House of Representatives: John Boehner ( R-Ohio) * Senate Majority Leader: Harry Reid (D-Nevada) * Congress: 113th Events January * January 1 ** The following laws go into effect: *** Thirteen states – Arizona, Colorado, Connecticut, Florida, Missouri, Montana, New Jersey, New York, Ohio, Oregon, Rhode Island, Vermont, and Washington – all increase their minimum wages. *** Numerous provisions of the Patient Protection and Affordable Care Act, better known as Obamacare, go into effect. *** Provisions of the Energy Independence and Security Act of 2007, signed into law by then-President George W. Bush, go into effect, banning the sale of 40-to-60 watt incandescent light bulbs throughout the nation. *** The state of Oregon bans smoking in vehicle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2014 In Mexico
This is a list of events that happened in 2014 in Mexico. The article also lists the most important political leaders during the year at both federal and state levels. Incumbents Federal government * President of Mexico, President: Enrique Peña Nieto * Secretariat of the Interior, Interior Secretary (SEGOB): Miguel Ángel Osorio Chong * Secretary of Foreign Affairs (Mexico), Secretary of Foreign Affairs (SRE): José Antonio Meade * Secretariat of Communications and Transportation (Mexico), Communications Secretary (SCT): Gerardo Ruiz Esparza * Secretariat of Public Education (Mexico), Education Secretary (SEP): Emilio Chuayffet * Secretariat of National Defense (Mexico), Secretary of Defense (SEDENA): Salvador Cienfuegos Zepeda * Secretariat of the Navy, Secretary of Navy (SEMAR): Vidal Francisco Soberón Sanz * Secretariat of Labor and Social Welfare, Secretary of Labor and Social Welfare (STPS): Alfonso Navarrete Prida * Secretariat of Welfare (Mexico), Secretary of Welfare ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mexico–United States Relations
Mexico and the United States have a complex history, with war in the 1840s and American acquisition of Texas, California and New Mexico. Pressure from Washington forced the French invaders out in the 1860s. The Mexican Revolution of the 1910s saw many refugees flee North, and limited American invasions. Other tensions resulted from seizure of American mining and oil interests. The two nations share a maritime and land border. Several treaties have been concluded between the two nations bilaterally, such as the Gadsden Purchase, and multilaterally, such as the 2019 United States–Mexico–Canada Agreement, replacing the 1994 NAFTA. Both are members of various international organizations, including the Organization of American States and the United Nations. Since the late nineteenth century during the regime of President Porfirio Díaz (1876–1911), the two countries have had close diplomatic and economic ties. During Díaz's long presidency, U.S. businessmen acquired agric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Trade Of Mexico
The economy of Mexico is a developing mixed-market economy. It is the 15th largest in the world in nominal GDP terms and the 13th largest by purchasing power parity, according to the International Monetary Fund. Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals. Mexico was not significantly influenced by the 2002 South American crisis, and maintained positive, although low, rates of growth after a brief period of stagnation in 2001. However, Mexico was one of the Latin American nations most affected by the 2008 recession with its gross domestic product contracting by more than 6% in that year. The Mexican economy has had unprecedented macroeconomic stability, which has reduced inflation and interest rates to record lows. In spite of this, significant gaps persist between the urban and the rural population, the northern and southern states, and the rich and the poor. Some of the unresolved issues include the upgrade of infrastruc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second-tier Mexican Sugar
Second-tier Mexican sugar is a term in international trade referring to over-quota sugar exported by Mexico to the United States, subject to a North American Free Trade Agreement (NAFTA) tariff that declined 1.5¢/lb. for raw sugar, and 1.6¢/lb. for refined sugar, each year until it entered the United States without a tariff, effective January 1, 2008. In the period prior to the end of the tariff for Mexican sugar, it became price competitive in the U. S. market whenever the applicable tariff, when added to the world market sugar price, plus the cost of transporting it from Mexico to U.S. Gulf ports (about 1.5¢/lb.), was below the loan forfeiture price support level created by the U.S. sugar program. Over-quota sugar entering from countries other than Mexico continues to be subject to a much higher tariff, and is not subject to a treaty or statutory decline in tariff as was Mexican sugar. The tariff is set under the treaty agreements embodied in the United States participation in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States International Trade Commission
The United States International Trade Commission (USITC or I.T.C.) is an agency of the United States federal government that advises the legislative and executive branches on matters of trade. It is an independent, bipartisan entity that analyzes trade issues such as tariffs and competitiveness and publishes reports. As a quasi-judicial entity, the USITC investigates the impact of imports on U.S. industries, and directs actions against unfair trade practices, such as subsidies; dumping; and intellectual property infringement, including copyright infringement. Background and statutory authority The USITC was established by the U.S. Congress on September 8, 1916, as the U.S. Tariff Commission. In 1974, the name was changed to the U.S. International Trade Commission by section 171 of the Trade Act of 1974. Statutory authority for the USITC's responsibilities is provided by the following legislation: * Tariff Act of 1930 * Agricultural Adjustment Act of 1933 * Trade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tariff
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Commerce
The United States Department of Commerce is an executive department of the U.S. federal government concerned with creating the conditions for economic growth and opportunity. Among its tasks are gathering economic and demographic data for business and government decision making, and helping to set industrial standards. Its main purpose is to create jobs, promote economic growth, encourage sustainable development and block harmful trade practices of other nations.Steve Charnovitz, "Reinventing the Commerce Dept.", ''Journal of Commerce'', July 12, 1995. It is headed by the Secretary of Commerce, who reports directly to the President of the United States and is a member of the president's Cabinet. The Department of Commerce is headquartered in the Herbert C. Hoover Building in Washington, DC. History Organizational history The department was originally created as the United States Department of Commerce and Labor on February 14, 1903. It was subsequently renamed the Departme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation in the United Nations System, governments use the organization to establish, revise, and enforce the rules that govern international trade. It officially commenced operations on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. The WTO is the world's largest international economic organization, with 164 member states representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, quotas, and other restrictions; these agreements are signed by representatives of member governmentsUnderstanding the WTO' Handbook at WTO officia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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