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> as we're all playing by the same rules. No we're not. If China wants to make an anti-dumping case over our soybeans to the WTO, they're welcome to. So far
by akira2501 9y ago
> as we're all playing by the same rules.
No we're not. If China wants to make an anti-dumping case over our soybeans to the WTO, they're welcome to. So far, they haven't. Mostly because they're going to have to make a case that "crop insurance" provided by the USDA is somehow an undue "subsidy."
- fwdpropaganda 9y ago> Mostly because they're going to have to make a case that "crop insurance" provided by the USDA is somehow an undue "subsidy." Isn't it? How many billions of totally-not-subsidy are you not subsidizing?
- akira2501 9y ago> Isn't it? Not strictly.. food security is a valid concern. > How many billions of totally-not-subsidy are you not subsidizing? Roughly: 2 Billion on an export crop that's worth 35 Billion at market. Is that noncompetitive support to spurn dumping in a foreign market? Obviously not, and it's why China didn't go to the WTO already.
- fwdpropaganda 9y agoIt does support dumping, as it allows lower prices than competitors who don't have such practice.