Jordan 13 Lower Cap on U.S. Agricultural Subsidies

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A lower American dollar actually helps the U.S. cushion price increases to its farm product exports that su
Listed below are the 15 leading export destinations for U.S. agricultural products in 2005-6.
The principal reason that agricultural negotiations remain unresolved is the fact that richer countries like the United States heavily subsidize domestic farmers.
Lower Cap on U.S. Agricultural Subsidies
Top Importers of American Farm Products
Listed below are the 15 countries that generated the most American agricultural imports in 2005-6.
Up until now,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], the U.S. has never said publicly that it would agree to an annual limit of under US$23 billion on American farm subsidies. That all changed at the Geneva meeting attended by WTO diplomats in mid-September. Chief U.S. farm negotiator Joe Glauber reportedly said that Washington was willing to reduce American farm subsidies by over 70% to a range of between US$13 billion and $16.4 billion.
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Canada … US$11.6 billion worth of American farm exports Mexico … $10.4 billion Japan … $8.2 billion European Union .. $7.1 billion Mainland China … $6.7 billion South Korea … $2.7 billion Taiwan … $2.4 billion Indonesia … $1.04 billion Turkey … $1 billion Egypt … $955 million Russia … $921 million Hong Kong … $912 million Philippines … $828 million Colombia … $794 million Thailand … $640 million.
Top Farm Product Exporters to America
For years,[link widoczny dla zalogowanych], the World Trade Organization has been striving to broker a deal that would reduce farm subsidies particularly in the U.S. and in Europe. Recent agricultural negotiations in Geneva,[link widoczny dla zalogowanych], Switzerland aspire to bridge the differences between rich and poor nations over proposed subsidy and tariff cuts.
Like most international trade negotiations, there is a catch. The U.S. will only lower its maximum for domestic farm subsidies provided that nations cut tariffs on farm products that they import. Many countries have imposed these tariffs as a way to fight back against lower American farm product prices that they see as unfairly subsidized by the U.S. government.
The stakes are high. America exported US$68.7 billion worth of agricultural commodities including wheat and imported $64 billion in farm products from its trade partners in fiscal year 2005-6.
European Union .. $14 billion Canada … US$13.2 billion worth of American farm exports Mexico … $9.3 billion Australia … $2.4 billion Brazil … $2.2 billion Mainland China … $2.1 billion Indonesia … $2 billion Chile … $1.71 billion New Zealand … $1.7 billion Colombia … $1.5 billion Thailand … $1.3 billion Costa Rica … $1.2 billion India … $1 billion Guatemala ... $936 million Argentina … $908 million.
Agricultural subsidies are considered as unfair advantages that prevent farmers in developing countries from competing effectively in international markets. Others see subsidies as under-the-table payments that enable agricultural businesses in wealthier nations to export farm products at much lower prices than the smaller and unsponsored farms in poorer countries.
Global trade talks in Qatar’s capital city of Doha have continually failed since 2001.