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U.S. WINS WTO DISPUTE FINDING CHINA PROVIDES EXCESSIVE GOVERNMENT SUPPORT TO ITS GRAIN PRODUCERS

A World Trade Organization (WTO) dispute settlement panel found China provided trade distorting domestic support to its grain producers well in excess of its commitments under WTO rules. China’s market price support policy artificially raises Chinese prices for grains above market levels, creating incentives for increased Chinese production of agricultural products and reduced imports. (USDA)

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