We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

U.S. Offer Of Farm Cuts Underwhelms At WTO Meeting

Law360 (July 23, 2008, 12:00 AM EDT) -- As a starting point for negotiations at World Trade Organization meetings in Geneva on Tuesday, the United States offered to lower the subsidies it pays to farmers to $15 billion, an offer that has reportedly struggled to pass the “laugh test.”

On the second day of the negotiating session, Ambassador Susan Schwab, the U.S. trade representative, said the U.S. was willing to drop U.S. farm subsidies.

“This is a major move, taken in good faith with an expectation that others will reciprocate and step forward with...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.