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by adventured
2561 days ago
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Europe's agriculture sector is strong largely because of tariff and political protections that keep out competition. The EU's agriculture tariffs are about 100% higher than the US. The US and Australia have the lowest agriculture tariffs of any major economies or groups such as the EU. Drastically lower in fact. Russia for example - a wheat juggernaut now - has agriculture tariffs over 3x that of the US. |
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Having your own food supply is far more important then having a free agricultural market. Also, it's not like the US is not guilty of this either, just look at it's massive corn subsidies.