Going Green

Tuesday, July 22, 2008

Farm Aid Cuts on the WTO Table

This represents a real cut over the decade average but last year the subsidies were only about $7 billion.

U.S. says ready to cut farm aid to $15 billion

GENEVA (Reuters) - The United States is ready to cut its ceiling for trade-distorting farm subsidies to $15 billion a year to help unblock talks for a global trade deal, U.S. Trade Representative Susan Schwab said on Tuesday.

The long-awaited offer was...(complete article here).

No comments: