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Are "Product of USA"-labeled products entitled to beneficial tax treatment or subsidies? Because it would make sense for a business to attempt to minimize its p
by Victerius 5y ago
Are "Product of USA"-labeled products entitled to beneficial tax treatment or subsidies? Because it would make sense for a business to attempt to minimize its production costs by outsourcing to cheaper foreign sources while reaping fiscal benefits at home.
- anamax 5y ago> Are "Product of USA"-labeled products entitled to beneficial tax treatment or subsidies? The presence/absence of "Product of the USA" label affects some people's buying decisions.
- bluGill 5y agoNot very many. Consumers mostly go to the store and grab whatever. Very few even read the label.
- ompaLompa 5y agoCritically thinking - If that was the case this wouldn't have been fought in court. A few google searches show the effect is minor to major depending on product category. I wasn't able to find exact numbers. But as a personal note I would never buy meat labeled "Made in China"
- moate 5y ago*Citation needed for every sentence in this post.
- bluGill 5y agoRanchers I know who have the most to gain form correct labels lobbied to get rid of it, the WTO didn't like it and they didn't see any gain. This was back when Obama was president though so maybe things have changed?
- anamax 5y agoHuh? There's no law requiring the "made in USA" label on goods made in the USA. US ranchers who don't want to use the label don't have to. The WTO doesn't like trade barriers, especially US trade barriers, and a strict "made in the US" label is a barrier, so their opposition is a given. If such labels had no effect, WTO might argue against them on principle, but if they did, that would be a reason for WTO to argue against them.
- bluGill 5y agoFine, I took the minute to search: https://www.usda.gov/sites/default/files/documents/Attachment6TayloTonsorStudy.pdf https://www.usda.gov/sites/default/files/documents/Attachmen... "The model results failed to detect changes in consumer meat demand post-MCOOL"