Key Opportunities for U.S. Farmers and Ranchers in WTO Framework for Future Progress

Key Opportunities for U.S. Farmers and Ranchers in WTO Framework for Future Progress
September 1, 2004
  • Major cuts in foreign tariffs on U.S. farm exports.
  • Expanded market access for all U.S. farm products through tariff cuts and quota expansion.
  • Elimination of agricultural export subsidies, which are used by most overseas European competitors of U.S. farmers.
  • New disciplines on state trading enterprises such as the Canadian Wheat Board.
  • Harmonization of trade-distorting farm support programs, with Europe and Japan subject to deeper cuts because of their higher levels of support.
  • Greater cuts in allowed domestic support for agriculture in the first year of the coming agreement than during the entire Uruguay Round.