Photo: WTO

China calls for overhaul of farm subsidy rules under WTO

Reading Time: 2 minutes Beijing | Reuters – China on Thursday called for the removal of “enormous” farm subsidies in some developed countries as part of Beijing’s push for reform of the World Trade Organization. “There are very unfair rules in the agriculture sector, and enormous subsidies some developed country members are entitled to, that severely distort international agricultural trade,” Wang […] Read more

Han Jun, China’s vice-minister of agriculture and rural affairs, attends a news conference on the state of trade negotiations with U.S. in Beijing on Dec. 13, 2019. (Photo: Reuters/Jason Lee)

Chinese officials, Trump agree to tariff rollbacks

Reading Time: 3 minutes Beijing/Washington | Reuters — The United States and China cooled their trade war on Friday, announcing a “phase one” agreement that reduces some U.S. tariffs in exchange for increased Chinese purchases of U.S. farm goods. Chinese officials offered no specific details on the amount of U.S. agricultural goods Beijing had agreed to buy, a key […] Read more