Calls Mount For Probe Of U.S. Corn Subsidies

Law360, New York (January 22, 2007, 12:00 AM EST) -- Three South American members of the World Trade Organization have joined Canada in a dispute against the United States, which they claim is violating international trade standards by handing out corn subsidies to American farmers.

Argentina, Brazil and Guatemala filed requests for consultation with the WTO last week, supporting Canada’s bid to investigate whether subsidies given to American corn farmers by the U.S. are depressing world corn prices.

WTO rules require that countries participate in a three-month consultation period before a request can be made for...
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