EU Reveals Export Future The fundamental debate in Geneva between agricultural exporting countries and developing countries is domestic support versus market access. The perfect quid pro quo is rich countries reduce support and developing countries grant market access. Developing countries cannot countenance opening their borders, and rich country farmers will not concede support cuts without this concession. In outlining its vision for future WTO negotiations, Brussels has sided with poorer countries. Its latest soliloquy stated three ambitions:
Address trade distorting domestic support; Make progress towards a permanent solution to public stockholding for food security purposes (PSH); and Deliver on the immediate needs of vulnerable...
The Trump Administration is planning a suspension of tariff rate quotas (TRQs) on beef from all exporters for 200 days as a means to address high beef prices in the U.S. U.S. cattle and beef prices have increased based on exceptionally strong consumer demand, the smallest U.S. cattle herd in 75...