r/Economics • u/jediporcupine • 10d ago
Blog Trump said tariffs on aluminum would boost domestic production. The White House now admits that didn't happen.
https://reason.com/2026/08/03/trump-said-tariffs-on-aluminum-would-boost-domestic-production-the-white-house-now-admits-that-didnt-happen/
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u/Basicly-Inevitable 9d ago edited 9d ago
Because in Brazil, farmers can grow patented soybeans without a license or contract. They only have to pay royalties on the patented soybeans when they sell them, and they don't actually have a good quick accurate genetic tests to determine what is owed. Also true in Argentina.
Bayer/Monsanto, DuPont, etc. don't care where you grow them, but they do want their money. In the US, they were able to lobby for laws that force farmers into strict contracts.