US trade aid payments and the WTO

The trade wars initiated by the Trump Administration in 2018 had an adverse effect on US agriculture. Countertariffs imposed by US trading partners had significant effects on US commodity exports, particularly soybeans, and lowered crop and livestock receipts. To shore up political support from farm...

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Bibliographic Details
Main Author: Glauber, Joseph W.
Format: Journal Article
Language:Inglés
Published: Agricultural and Applied Economics Association 2021
Subjects:
Online Access:https://hdl.handle.net/10568/142352
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author Glauber, Joseph W.
author_browse Glauber, Joseph W.
author_facet Glauber, Joseph W.
author_sort Glauber, Joseph W.
collection Repository of Agricultural Research Outputs (CGSpace)
description The trade wars initiated by the Trump Administration in 2018 had an adverse effect on US agriculture. Countertariffs imposed by US trading partners had significant effects on US commodity exports, particularly soybeans, and lowered crop and livestock receipts. To shore up political support from farmers, the Trump administration authorized an estimated total of $28 billion to farmers and ranchers in compensation for export losses. While those payments will help the sector in the short term, the aid payments could well prolong problems for the sector beyond 2020 by exacerbating trade tensions and precipitating future WTO disputes.
format Journal Article
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institution CGIAR Consortium
language Inglés
publishDate 2021
publishDateRange 2021
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publisher Agricultural and Applied Economics Association
publisherStr Agricultural and Applied Economics Association
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spelling CGSpace1423522025-12-08T10:29:22Z US trade aid payments and the WTO Glauber, Joseph W. exports trade disputes agriculture trade wto agricultural trade The trade wars initiated by the Trump Administration in 2018 had an adverse effect on US agriculture. Countertariffs imposed by US trading partners had significant effects on US commodity exports, particularly soybeans, and lowered crop and livestock receipts. To shore up political support from farmers, the Trump administration authorized an estimated total of $28 billion to farmers and ranchers in compensation for export losses. While those payments will help the sector in the short term, the aid payments could well prolong problems for the sector beyond 2020 by exacerbating trade tensions and precipitating future WTO disputes. 2021-06-01 2024-05-22T12:10:21Z 2024-05-22T12:10:21Z Journal Article https://hdl.handle.net/10568/142352 en https://doi.org/10.2499/p15738coll2.133225 Limited Access Agricultural and Applied Economics Association Glauber, Joseph W. 2021. US trade aid payments and the WTO. Applied Economic Perspectives and 43(2): 586-603. https://doi.org/10.1002/aepp.13109
spellingShingle exports
trade disputes
agriculture
trade
wto
agricultural trade
Glauber, Joseph W.
US trade aid payments and the WTO
title US trade aid payments and the WTO
title_full US trade aid payments and the WTO
title_fullStr US trade aid payments and the WTO
title_full_unstemmed US trade aid payments and the WTO
title_short US trade aid payments and the WTO
title_sort us trade aid payments and the wto
topic exports
trade disputes
agriculture
trade
wto
agricultural trade
url https://hdl.handle.net/10568/142352
work_keys_str_mv AT glauberjosephw ustradeaidpaymentsandthewto