U.S. Conditions Cuts Of Its Subsidy Programs To Agricultural Tariff Cuts

The United States is demanding ambitious cuts on agricultural tariffs and reciprocal cuts to the domestic subsidy programs of major economies as a condition for reducing its own domestic agriculture subsidies programs in the negotiations to conclude the Doha round at the World Trade Organization. The explicit link to an ambitious market access outcome does not negate the U.S. demand that major economies that have enough agricultural production capacity to distort the global market also reduce their subsidies, according to...