SUGAR PRICE WAR THREAT
U.S. Replies To Castro (Rec. 9.30 p.m.) WASHINGTON, Dec. 22. The Cuban Prime Minister (Dr. Fidel Castro) had uttered “an empty threat” by threatening to wage a sugar price war because of Cuba’s exclusion from the United States market, the United States State Department spokesman said yesterday. Dr. Castro spoke of Cuba’s possible attempt to wreck the world sugar market on Tuesday, a few days after President Eisenhower had announced that Cuba would receive no sugar quota for the first three months of 1961. The State Department spokesman (Mr Lincoln White) told a press conference that the threats were empty because Cuba already was dumping sugar at less than the world price, and because Cuba’s expected sugar production of 5,700,000 tons this year had already been allocated. Mr White said that the Soviet Union had already contracted to take up to 2,700,000 tons, Communist China up to one million tons, and about two million tons would probably go to non-Com-munist buyers normally available to Cuba.
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Press, Volume XCIX, Issue 29395, 23 December 1960, Page 11
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169SUGAR PRICE WAR THREAT Press, Volume XCIX, Issue 29395, 23 December 1960, Page 11
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