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US Trade Aid Payments and the WTO
Applied Economic Perspectives and Policy ( IF 3.3 ) Pub Date : 2020-12-10 , DOI: 10.1002/aepp.13109
Joseph W. Glauber

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.

中文翻译:

美国贸易援助金和世贸组织

特朗普政府于2018年发起的贸易战对美国农业产生了不利影响。美国贸易伙伴征收的反关税对美国商品出口,特别是大豆,产生了重大影响,并降低了农作物和牲畜的收入。为了加强农民的政治支持,特朗普政府授权向农民和牧场主提供总计280亿美元的补偿出口损失的补偿。虽然这些付款将在短期内为该部门提供帮助,但通过加剧贸易紧张局势和加剧未来的WTO争端,援助付款可能会在2020年以后延长该部门的问题。
更新日期:2020-12-10
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