US: Senate considers Mexican spirits tax if soft drink tariffs remain
The US could consider imposing trade sanctions on Mexican products if Mexico continues to impose its soft drinks tax, which has affected the sale of US corn syrup to Mexican soft drink producers, a senior Republican senator has said. Addressing the US Senate, Senator Charles Grassley of Iowa said: "One response to Mexico's unfair and illegal tax on high-fructose corn syrup would be to enact a similar tax on a Mexican product."
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