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WTO Panel Issues Final HCFS Ruling Against Mexico

Monday a World Trade Organization appellate panel issued a final ruling that Mexico's tax on beverages containing high fructose corn syrup violates international trade rules. The final ruling is not subject to further appeals.

The effect of Mexico's tax imposes roughly a 20% tariff against U.S. high fructose corn syrup which has blocked American corn farmers and processors from billions of dollars in sales over the past several years.

Last year, a WTO panel ruled that the Mexican government had violated its trade commitments by imposing the tax. Monday's ruling affirms these findings and is the third ruling by the WTO against Mexico's persistent efforts to block imports of U.S. high fructose corn syrup.