House Ag Committee Leaders Urge Challenge Of Chinese Farm Subsidies

House Agriculture Committee leaders have fired a shot across the bow of developing economies -- and particularly China – by calling on the U.S. government to challenge their farm subsidies at the World Trade Organization because they distort world prices. At a June 3 hearing on foreign agricultural subsidies, they also urged the U.S. to refuse giving these countries new flexibility under the agriculture rules WTO members hope to negotiate as part of the Doha round. In his opening statement,...