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It distorts the market so you get things like high fructose corn syrup drinks instead of sugar -- which, BTW, has high tariffs to protect domestic growers -- wh
by UncleEntity 7y ago
It distorts the market so you get things like high fructose corn syrup drinks instead of sugar -- which, BTW, has high tariffs to protect domestic growers -- while consumers would probably prefer sugar drinks if they had a real choice.
- beat 7y agoHFCS is common not just because of corn subsidies, but also because of sugar tariffs. The US has very high protective tariffs for our domestic sugar industry, which makes sugar more expensive in the US relative to the rest of the world. HFCS steps into that price differential.