Which is because the US restricts cheap sugar imports from Mexico, to make US sugar cane farming profitable.
My first thought when I saw the headline was that Mexico corn restrictions were retaliation for US sugar restrictions.
Cane sugar is cheaper than beet sugar.
Alas, the sugar beet industry is also just another creature of tariffs and subsidies.
See eg https://www.marketwatch.com/story/the-us-spends-4-billion-a-... for the US. The situation in Europe was similar when I last looked, but that was at least a decade ago.
See https://www.researchgate.net/figure/White-Sugar-Prices-Euro-... to see that sugar is much more expensive inside the EU than on the world market.
And https://www.reuters.com/article/us-eu-sugar-prices-graphic-i... and https://ec.europa.eu/info/sites/default/files/food-farming-f...
https://www.ragus.co.uk/tariffs-on-sugars-explained/ also seemed interesting. They say:
> The basic tariff for importing direct consumption sugar into the EU is €419 per tonne. So, every tonne of sugar imported from a non-EU country costs an extra €419. Raw sugar imported into the EU is to be further refined into white sugar attracts a tariff of €339 per tonne.