K. William Watson on his article- “http://www.cato.org/blog/tpps-sugar-shuffle-problems-trade-diversion” highlights the TPP from the point of view of the sugar industry.
The US sugar industry is under the treaty policy involving 17 small countries which gives them access to the US sugar market. The TPP in its attempt to add the sugar industry under consideration is actually going to cause a problem with the sugar trade program US already has. The result of TPP is not going to help the American sugar makers at all, just like it is in the other case. The only issue being that the country to gain from this especially will be Australia, and the smaller nations that are a part of the trade program will be at a loss.
What should be the take on this? Shouldn’t the US sugar industry ask for a change here that can help the domestic manufacturers too?