Salon.com: EU says: "U.S. Needs More Farm Subsidy Cuts"
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EU says: "U.S. Needs More Farm Subsidy Cuts"
BRUSSELS, Belgium -- The United States needs to make "more ambitious" farm subsidy cuts to make progress at global trade talks, the European Union said Thursday in response to U.S. budget proposals that would cut agriculture spending by $18 billion over the next five years. "If we are to have a successful outcome to the Doha Round, the U.S. will need to propose more ambitious cuts and disciplines in trade-distorting domestic farm subsidies," EU spokesman Michael Mann said, in a first reaction to the U.S. draft farm bill.
"We had hoped the administration's proposal for the new farm bill would signal this more clearly," he said.
Labels: World Trade
