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).
Showing posts with label WTO. Show all posts
Showing posts with label WTO. Show all posts
Tuesday, July 22, 2008
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