9 June 2006 - According to a local newspaper report, President Fox sent a proposal to the Lower Chamber of the Congress to revoke the 20 percent special tax on the use of fructose in beverages.
The basis for the proposal is that WTO considers the tax to be incompatible with WTO rules, and as a result, Mexico must revoke the special tax. The proposal notes that the United States could undertake retaliatory measures against Mexican products if the tax is not revoked.
Article extracted from "Mexico Agricultural Situation Weekly Highlights and Hot Bites #20 2006"