Yes, pets can even like the food, but the consequences of ingredients sourced in third world nations but manufactured here won't show up for years to come. (petfoodtalk.com)
It also ends up destroying the local fishing economies of third world nations that do not pay such subsidies. (dotearth.blogs.nytimes.com)
Most people in developed nations can pay twice for their energy, but for third world nations? (sciencebits.com)