26 ms·
Japan sets a low limit on rice imports before it starts a tariff regime that makes it much more expensive than market price. They could simply eliminate this to
by stevenwoo 1y ago
Japan sets a low limit on rice imports before it starts a tariff regime that makes it much more expensive than market price. They could simply eliminate this to help consumers as a short term measure but refuse to do so on principle. Their rice market is a mess because of artificial measures meant to boost prices for Japanese farmers.
- kwere 1y agofrom a surface level personal research the money is not eaten by farmers, that in reality make a pittance but from a "rice consurtium", a middlemen that should represent farmer interest but in reality is basically a monopolistic corporation.