It’s all but certain at this point that Congress won’t pass a big new stimulus bill before the election. But a deal in the lame duck session remains a possibility. House Speaker Nancy Pelosi on Sunday suggested she opposes waiting until next year when Democrats could have control of the White House and the Senate.
The U.S. and China are set to go head to head at the World Trade Organization in Geneva next week in a brewing battle over Chinese wheat and rice subsidies, and neither side is showing any sign of backing down.
Brazil, known and often reviled in the U.S. ag sector for its successful World Trade Organization challenge to U.S. cotton support programs, is now suspected breaking WTO rules by subsidizing its rice exports.
WASHINGTON, Mar. 8, 2017 - Does subsidizing farmers lower food costs? Modern farm programs aren’t supposed to affect farmers’ production decisions, and it’s been hard for policy makers to argue that farm programs save consumers money.