3 ms·
This is sort of the US Dept. of Ag playbook though. They subsidize the hell out of unprofitable ventures. Look at milk for another example, when the USMCA was b
by pletsch 6y ago
This is sort of the US Dept. of Ag playbook though. They subsidize the hell out of unprofitable ventures. Look at milk for another example, when the USMCA was being negotiated, the US wanted milk tariffs eliminated but refused to quit selling at lower than production costs. [0]
[0] https://markets.businessinsider.com/news/stocks/american-dairy-farmers-depend-on-government-subsidies-1015126442 https://markets.businessinsider.com/news/stocks/american-dai...