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Planet Money

The potato-shaped loophole in free trade

Fri, 03 Jan 2025

Description

Ever since free trade opened up between the US and Mexico in the 1990s, trillions of dollars of goods have been going back and forth between the two countries, from cars to strawberries to MRI machines to underwear. But one major exception has been fresh American potatoes.Today on the show, we tell the trade saga of the American potato. For more than 25 years, there was a place that American potatoes could not go to freely. A place that the entire American potato industry was desperate to access. A vast, untapped market: Mexico.But standing in their way – the Mexican potato lobby and a trade loophole.This episode was hosted by Erika Beras and Jeff Guo. It was produced by Willa Rubin and edited by Meg Cramer. It was fact-checked by Sierra Juarez. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

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Transcription

What is the potato-shaped loophole in free trade?

1.243 - 9.105 Erika Barris

This is Planet Money from NPR. Oh, we're going in.

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10.246 - 13.827 Jeff Guo

A few weeks ago, we walked into this structure.

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14.107 - 14.507 Erika Barris

Here we are.

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14.827 - 26.991 Jeff Guo

It was like three stories tall, the size of an airplane hangar, and it was filled with potatoes. From end to end, piled 18 feet high, 15 million potatoes.

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27.231 - 27.891 Erika Barris

Oh my goodness.

29.112 - 30.812 Jeff Guo

Be careful, it's a little muddy here.

30.932 - 31.973 Erika Barris

Oh my goodness.

32.073 - 33.834 Jeff Guo

This is literally a mountain.

33.934 - 47.701 Erika Barris

It's a wall of potato. We're at this wall of potato to learn about what happens after a trade deal is signed. In this case, it's this wild saga that's been playing out over the past quarter century.

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