Subsidies are an impairment to free trade.
EU offers to cut farm tariffs 60 percent
By BRADLEY S. KLAPPER
Associated Press Writer
GENEVA (AP) -- The European Union said Monday it would be willing to slash farm tariffs by 60 percent as part of a new global trade pact, the deepest cut it has ever offered.
EU Trade Commissioner Peter Mandelson told reporters at...(complete article here).
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