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Corn Refiners Condemn Mexican Senate Vote to Renew Sweetener Tax
CORN REFINERS ASSOCIATION ^ | December 29, 2003 | Audrae Erickson

Posted on 01/12/2004 8:10:41 PM PST by allodialman

WASHINGTON, DC – The Corn Refiners Association (CRA) today condemned the vote by the Mexican Senate on December 27 to maintain the 20% tax on soft drinks made with high fructose corn syrup (HFCS).

“It is now a certainty that the Mexican soda tax will remain in place following the recent vote of the Mexican Senate. It is unacceptable that this discriminatory tax has shut down production of HFCS in Mexico and U.S. HFCS exports for two full years,” said CRA President Audrae Erickson. “We urge a speedy conclusion of the on-going U.S.-Mexican private sector efforts to bring about a resolution to the sweetener dispute. Such a solution represents the most meaningful opportunity to remove the soda tax and resume sweetener trade between our two countries. In the interim, we will urge the U.S. Congress to enact the Mexican Agricultural Trade Compliance Act (MATCA) as expediently as possible.”

(Excerpt) Read more at corn.org ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: corn; farming; mexican; sweetener; tax; trade
Is this the main reason President Bush is now with The Fox of Mexico, hammering out the deal that lets illegals in and pours high fructose corn syrup out. "Mr. Fox, if you drop the tax we will let the wetbacks stay, and as a bonus we will pay them social security when they get back to your country."
1 posted on 01/12/2004 8:10:42 PM PST by allodialman
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To: allodialman
My thought as well.. big business.. and Fox are pulling the strings on this one..
2 posted on 01/12/2004 8:12:24 PM PST by Zipporah (Write inTancredo in 2004)
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To: allodialman
Fructose is worse for the body than sucrose. If it weren't for sugar quotas that keep foreign sugar out of the US market, fructose wouldn't be so popular with food processors.
3 posted on 01/12/2004 8:15:53 PM PST by Paleo Conservative (Do not remove this tag under penalty of law.)
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To: Zipporah
After studying this (HFCS) I come to the conclusion that the legislators of Mexico do not want this sweetener used by its people, as in Europe. But big US big business will try to ram it down their throats.
4 posted on 01/12/2004 8:21:00 PM PST by allodialman
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To: Paleo Conservative
Yes, I agree totally. If HFCS were not a so called "food" It would be banned as a DRUG.
5 posted on 01/12/2004 8:26:57 PM PST by allodialman
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To: allodialman
When try to ram it down their throats.. bet they don't get a 'sugar high'..
6 posted on 01/12/2004 8:34:31 PM PST by Zipporah (Write inTancredo in 2004)
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To: allodialman
I thought that this was a retaliatory action due to the US keeping Mexican sugar out?
7 posted on 01/13/2004 6:16:08 AM PST by Ben Ficklin
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To: Ben Ficklin
Mexico first enacted the soda tax in January 2002. Significant losses in U.S. investments in MEXICAN and American HFCS corn wet milling capacity and jobs have resulted from the 20% tax imposed on beverages sold in Mexico that are sweetened with products other than cane sugar. The tax has shut down U.S. exports of HFCS to Mexico for two years. I have found that Mexico seems to be in line with the EU on the use of genetically modified foods. Tax it so high that sugar will be used instead.

<
8 posted on 01/13/2004 7:06:32 AM PST by allodialman
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To: allodialman; AAABEST; Ace2U; Alamo-Girl; Alas; alfons; alphadog; amom; AndreaZingg; Anonymous2; ...
Rights, farms, environment ping.

Let me know if you wish to be added or removed from this list.
I don't get offended if you want to be removed.

9 posted on 01/13/2004 10:03:40 PM PST by farmfriend ( Isaiah 55:10,11)
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To: farmfriend
BTTT!!!!!!!
10 posted on 01/14/2004 3:07:48 AM PST by E.G.C.
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