Summary
U.S. farmers run the risk of losing cotton, rice, corn and other subsidies through litigation at the World Trade Organization unless countries strike a new global trade deal, Agriculture Secretary Mike Johanns said yesterday.
"The status quo ... has real risk to it," Mr. Johanns told the Senate Agriculture Committee.See the full content of this document
Extract
Farm Subsidies Tied to Global Trade Deal
The WTO's 148 members since 2001 have been negotiating an agreement to open markets, reduce government subsidies and boost economi...
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