MEXICO: Government axes soft drink tax
Mexico has suspended a 20% soft-drink tax that effectively blocked imports of corn syrup into the country, a move that has met with approval from the US corn syrup industry. However US suppliers also warned that any attempt to reinstate it would result in US trade sanctions. The tax, which has been lifted at least until September 30th, forced Mexican soft-drink manufacturers, to switch from high fructose corn syrup to sugar, in an attempt to boost a flagging domestic sugar industry.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Trump, local spirits and the IR role - The Analyst
- Interview - Bernstein analyst Trevor Stirling
- Diageo NA head on Trump, Millennials, Bourbon
- Is Irish whiskey ready to recognise its potential?
- Interview - Loch Lomond GTR head Andre de Almeida
- Beam Suntory opens global headquarters in Chicago
- Pernod Ricard offloads Domecq brandies, wines
- Diageo appoints first programmatic marketing head
- Diageo strike threat postponed with fresh vote
- TWE renames Blossom Hill fruit wine range