The EU Deforestation Regulation was, when proposed in 2023, the most ambitious attempt any jurisdiction had made to sever the link between consumer goods and forest destruction. It covered seven commodity chains — cattle, cocoa, coffee, palm oil, rubber, soya, and wood — and required rigorous origin-tracing to prove imports did not come from deforested land. Three years later, after two implementation delays and substantial revisions, some original supporters say the law has been "dismantled." A new Mighty Earth investigation documents in granular detail who did the dismantling. The numbers are stark. Twenty-four major US companies, trade associations, and industry organizations held at least 173 meetings with members of the European Parliament and 178 meetings with senior European Commission officials between July 2024 and July 2026. The most active door-knockers were the National Alliance of Forest Owners, Advanced Woody Biomass Alliance, the US Soybean Export Council, Bunge, the American Chamber of Commerce to the EU, and Cargill. This was not organic engagement — it was a coordinated, multi-channel pressure campaign conducted simultaneously through Congress, the USDA, the Office of the US Trade Representative, and the White House. The campaign's apex came at the highest political level. Two weeks after a July 2025 meeting between Trump and European Commission President Ursula von der Leyen at a Scottish golf course, the two sides released a joint statement granting the US special treatment under the EUDR. The Commission declared the US "poses negligible risk to global deforestation" — a claim that sits uncomfortably alongside the repeated implication of major US financial and trading companies in Amazon destruction. The statement further promised to "address the concerns of US producers and exporters" to avoid "undue impact on US-EU trade." The rhetorical playbook was consistent across actors. US Ambassador to the EU Andrew Puzder called the law "textbook over-regulation" producing "inconsequential environmental benefit." Trump administration officials toured EU capitals arguing the law would raise costs and discourage US exports to Europe. The framing was always procedural — implementation timelines, IT system readiness, compliance clarity — never a direct attack on the environmental objective. Every company quoted in the investigation professed support for the EUDR's goals while working to ensure those goals would be harder to achieve. The corporate responses are instructive in what they reveal. The American Chamber of Commerce said it "consistently supported the EUDR's objective" while asking for more time. The US Soybean Export Council said it "does not seek delay or exemption" but favors a "transition period." Bunge cited its own traceability investments while requesting "clarification on certain specific complex scenarios." These are the linguistic signatures of regulatory capture: support the principle, erode the mechanism. The transition period becomes permanent; the clarification becomes an exemption; the complexity becomes the excuse. What makes this case structurally significant is not that industry lobbied — that is unremarkable — but the asymmetry of access. Mighty Earth's investigation highlights a transparency gap: the sheer volume of corporate meetings dwarfed civil society access to the same officials. When 350+ meetings tilt overwhelmingly toward one set of interests, the regulatory process is not deliberation; it is negotiation between the regulator and the regulated, with the public interest represented by no one in the room. The law will nominally come into effect in December, but the version arriving bears limited resemblance to the version proposed. The rigorous commodity tracing that was its spine has been revised into something more manageable for exactly the firms that lobbied against it. The pattern is familiar: ambitious regulation is proposed, industry mounts a procedural campaign to delay and dilute, the final product is announced as a victory while delivering considerably less than promised. The forests, which cannot attend meetings in Brussels, absorb the difference.