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EU questions US farm bill

Series: RICS Brussels Briefing ; 21 July 2002, (1)Publication details: 2002Subject(s): Summary: The European Union is studying whether a US decision to increase farmers' subsidies breaks US obligations under global trade rules. World Trade ministers had agreed to negotiate the reduction and eventual phasing out of export subsidies and 'trade-distorting domestic support.' US farmers will receive about $190bn (E188.6bn) in subsidies and protection for 10 years.
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News article London News article WB3827-16 (Browse shelf(Opens below)) 1 Available 119002-1001

The European Union is studying whether a US decision to increase farmers' subsidies breaks US obligations under global trade rules. World Trade ministers had agreed to negotiate the reduction and eventual phasing out of export subsidies and 'trade-distorting domestic support.' US farmers will receive about $190bn (E188.6bn) in subsidies and protection for 10 years.