Posted on 06/29/2017 10:47:44 AM PDT by GIdget2004
Sen. Pat Toomey (R-Pa.) on Thursday voiced his opposition to the Trump administration’s agreement with Mexico on the sugar trade, saying the deal increases the costs for consumers.
“I disagree—the new sugar deal hikes prices for consumers even more. Here’s why," Toomey wrote on Twitter, quoting a tweet from President Trump and linking to his own remarks on the agreement.
Trump early Thursday touted the deal on Twitter, saying it is “a very good one” for both countries.
“New Sugar deal negotiated with Mexico is a very good one for both Mexico and the U.S. Had no deal for many years which hurt U.S. badly,” Trump said.
But Toomey, who hails from the state that is home to The Hershey Company, a chocolate manufacturer, argued the “deal actually makes the problem worse,” referring to current sugar prices.
In a speech earlier this month on the Senate floor, Toomey slammed the agreement, saying it is bad for American consumers and workers.
“The fact is this is a bad deal for the United States. I am completely mystified as to why our Commerce Department would agree to it,” Toomey said at the time.
“It’s a bad deal for U.S. consumers, and we’re all consumers. It’s a bad deal for American workers. It completely fails to address the high price of sugar that we have in America today.”
(Excerpt) Read more at thehill.com ...
If we were to get rid of High Fructose Corn Syrup maybe the sugar market would stabilize.
I detest HFCS, I gain weight almost immediately when I consume it, and have lost 30 lbs by refusing to ingest anything that contains it.
——Toomey, who hails from the state that is home to The Hershey Company, a chocolate manufacturer, ——
Hershey moved manufacturing to Mexico
“HERSHEY, Pa. (PAI) – The next time you buy a package of Hershey’s candy kisses, take a good look at where they’re made before you put your money down.
Chances are, the answer is Mexico, not Hershey, Pennsylvania.
That’s because the iconic candy company closed its historic Hershey’s East plant in its namesake Pennsylvania town, idling some 600 Bakery Workers (BCTGM) members. There’s still another Hershey’s plant there, BCTGM researcher Matthew Clark, who tracks the candy company, told Press Associates.”
“In another blow to working families in the United States and Canada, the Hershey Company has announced that it will be closing multiple plants, cutting its workforce by 11.5 percent and moving jobs to a new plant in Monterey, Mexico.
This decision is yet another byproduct of the North American Free Trade Agreement (NAFTA) which, from its inception, has done more to erode the U.S. economy than perhaps any single piece of legislation in U.S. history.”
So many candy makers including Mars and Life Savers, have fled to Canada and Brazil to avoid the sugar tariff. The tariff helps only the sugar growers in this country only.
If this deal with Mexico begins to get rid of the tariff, then all the better.
If you try some European chocolate (Ritter Sport, for example), you'll discover that Hershey doesn't really produce "chocolate"...
Beat me to it.
The US congressional subsidies are to blame for the universal shift to HFCS.
Stop subsidizing corn.
Sugar can hold it’s own.
Certainly there are millions who would pay more for products with sugar than with HFCS. You just can’t find them anymore.
Does the deal end Federal subsidies for Big Sugar? Does it encourage competition?
If Hershey moved to Mexico why should Toomey care? Cuba goes capitalistic we open sugar imports to them. Florida gets angry.
A sweet problem: Princeton researchers find that high-fructose corn syrup prompts considerably more weight gain:
US protectionism of its sugar industry is a long-standing issue.
Same here. I’m trying to give up sweets all together, natural or artificial. Just stopping soft drinks is a start.
Have we forgotten what happened in Iowa with Ethanol ? Cruz’s forthright position on crop subsidies in the heart of the cornbelt carried him. But he dropped it as an issue when continued his campaign.
Supposedly, the HFCS in one Dr. Pepper is 14 times more fattening than the same drink sweetened with sugar.
Hershey produces brown colored wax with some sugar in it.
I agree. We need to stop the subsidizing of Congressmen in all of it's many forms.
I agree. We need to stop the subsidizing of Congressmen in all of it's many forms.
Hershey has been moving production to Mexico for at least fifteen years, and Toomey has run interference for them.
IIRC, one of the features of the sugar agreement was to allow raw sugar imports from Mexico to continue relatively unimpeded, but to increase the U.S. share of the sugar processing market. I can’t remember if that was accomplished through higher tariffs on processed sugar or some other mechanism.
The main problem as I understood it from Secretary Ross, was that Mexico had to some extent created a vertical monopoly on the sugar supply by madking it difficult for American processers to buy raw sugar from Mexico for processing, forcing American companies to buy the end product from them, and cutting out American sugar processing plants from access.
Toomey, Hershey makes candy in Mexico...more than in Hershey, PA.
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