4 ms·
I guess it comes to supply and demand. Other countries want US technology and services. They don't want US agricultural products as eluded to in the above threa
by sacheendra 7y ago
I guess it comes to supply and demand.
Other countries want US technology and services.
They don't want US agricultural products as eluded to in the above thread.
Thus, trying to sell stuff others don't want ends up making more noise compared to selling stuff they do want.
The US does this because:
1. National security (US farmers wouldn't grow stuff if nobody bought it, which is a problem if the US ever goes to war. Then, they might suddenly need it.)
2. Vote banks (Rural US happens to be the key in deciding elections and support for laws. Due to the electoral college and each state having 2 senators.)
3. Ideology (The reasons you mentioned. Free market ...)
- Simon_says 7y agoAlluded
- benj111 7y agoAre you alluding to the fact that they eluded using the word 'alluded'?
- Simon_says 7y agoYes.
- bdauvergne 7y agoBut why does US farmer wanting to export to EU don't just enforce EU norms on food production ? Do not use hormones or forbidden pesticides in the EU, enforce traceability of all all inputs. Then they could negotiate easily with EU for their products, checked by EU validated organisations, to enter the EU market. I often think that it's not for the some free market ideology but just to force other countries (like EU) to abandon any normative sovereignty. I understand that a global agricultural market with a single norm would be better for mercantile exchanges, but for the single producer EU (or China, or whatever) is a sufficiently big market to be targeted exclusively if they want. OMC should not conflate normative barriers with tariff barriers, they have a real purpose (maybe USA is wrong to eat so much pesticides).
- deleted 7y ago[deleted]
- hokkos 7y agoThey didn't want to change their practice to export, nor wanted to have any limitation, but they finally did and recently got a bigger share of the import quota. https://www.bloomberg.com/news/articles/2019-08-02/u-s-and-eu-to-announce-beef-deal-at-white-house-on-friday https://www.bloomberg.com/news/articles/2019-08-02/u-s-and-e...
- deleted 7y ago[deleted]