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WASHINGTON, Aug. 9 (UPI) -- U.S. corn processors Tuesday hailed a World Trade Organization ruling against Mexico's tax on beverages with high fructose corn syrup.
The World Trade Organization has found Mexico's tax on beverages containing high fructose corn syrup in violation of the nation's WTO commitments, a move praised by the Corn Refiners Association.
"The time has come to resolve this issue once and for all. The corn industry has experienced heavy losses from the closure of our top foreign market for U.S.-owned high fructose corn syrup sales and bulk corn sales for HFCS production in Mexico," said Audrae Erickson, president of the Corn Refiners Association.
Erickson called on Mexico to immediately eliminate the 20-percent tax, enacted in 2002.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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PORTLAND, Ore., May 23 (UPI) --
A $17.9 million U.S. Navy delivery order for maritime imaging systems has been received by FLIR Systems Inc.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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