Farm subsidies soar in developing countries, panel hears

Major agricultural countries in the developing world, such as China, India and Brazil, are increasing their farm subsidies and displacing U.S. ag exports on the world market, two trade analysts told the House Agriculture Committee. “The United States, as the biggest agricultural exporter, suffers most from these distortions,” said Craig Thorn of DTB Associates. U.S.… » Read More

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