>>938822527
>But you said the tariffs cause lower domestic supply. Is that the tariffs, or is that pesky ol' Putin at it again? Maybe the people should seize the means of beef production.
T'is the tariffs. They kill profit margins to the point of destroying some import based businesses.
>But then it would be totally free at the market. If we already do it a little and that's a good thing, then doing it all the way would be even better.
It's done a little bit in order to purposely promote some semblance of local beef production. If there were no subsidies and totally free trade America would probably be swamped by cheap, cadmium filled Chinese beef to the point where local farmers couldn't compete. It's there to purposely add "slack" to the market that otherwise wouldn't exist.
>And it would be cheaper. That's excellent news.
It wouldn't be free, actually, it'd be worth whatever people are willing to pay for it, which is effectively what it's worth today, or worse if beef becomes scarcer.
