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Commerce to Require CV Cash Deposits on Mexico Sugar

The Commerce Department will require cash deposits of countervailing duties on sugar from Mexico, after finding illegal subsidization of Mexican exporters in a preliminary determination announced Aug. 26 in a fact sheet. The agency calculated CV duty cash deposit rates…

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of 2.99% to 17.01%. Suspension of liquidation and cash deposit requirements will take effect upon publication of Commerce’s preliminary determination in the Federal Register. ITT will have more details when they are published.