Sweets for the Sweet: The Costly Benefits of the US Sugar Program

The US sugar industry receives enormous government support and protection from foreign competition. The sugar program has changed over time, becoming a complex set of rules developed to promote sugar production primarily at the expense of domestic consumers. The program has also affected foreign producers and consumers through import restrictions that have significantly reduced the world sugar price. Since the mid-1970s, as a result of the sugar program, the price of sugar in the United States has been almost twice as high as the price of sugar on the world market in most years.

Sweets for the Sweet: The Costly Benefits of the US Sugar Program

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