January 23, 2020

Senate Farm Bill: Financing Issues Remain

Reuters news reported yesterday that, “A U.S. offer to slash its maximum farm subsidies is insufficient for a world trade deal to be reached, French Agriculture Minister Michel Barnier said in an interview published on Monday…France has repeatedly called on the United States and developing countries to make more concessions in order to salvage the Doha round of world trade talks, calling for more ‘reciprocity’ from other parties…’The European Union has no more concessions to make — it has made many.'”

I. Farm Bill
II. WTO / Doha Considerations

I. Farm Bill

Sarah Lueck reported in today’s Wall Street Journal that, “A dispute over tax changes under consideration in the Senate to fund new tax breaks for farmers shows that Congress has its work cut out meeting new pay-as-you-go budget rules.