How Special Interests Twisted Federal Sugar Policy To Cost Consumers $2.5 Billion Every Year
“some scientists in Iowa figured out how to extract sugar from corn, and high-fructose corn syrup was born.
But there was a problem. The high-fructose corn syrup that American corn farmers were producing was more expensive than sugar. To get food and beverage companies to buy what Andreas was selling, Andreas needed to make his sweet stuff more attractive in the market.
And one way to do that is to make your competitors’ products more expensive.
That’s exactly what the federal government has been doing for decades. In 1976, President Gerald Ford tripled the import tax on sugar. If you tax something, you’ll get less of it. Or, well, you get a more expensive version of it. That’s exactly what happened with imported sugar.
By 1988, sugar came to sell at 22 cents a pound in the United States despite the world price being just 10.5 cents per pound, with each cent increase adding $250 to $300 million to Americans’ collective food bills.
Faced with the rising price of sugar in the mid-1980s, candy and soda companies did the thing that made economic sense: They stopped using sugar and switched to high fructose corn syrup.”
https://reason.com/2025/11/26/how-special-interests-twisted-federal-sugar-policy-to-cost-consumers-2-5-billion-every-year/