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    20 Completely Unjustified Programs in the House Farm Bill

    The House of Representatives is preparing to vote on a $1 trillion package of agriculture subsidies and welfare benefits that exemplifies warped federal policy. Within its 575 pages, the proposed Federal Agriculture Reform and Risk Management Act includes massive spending on food stamps, a bumper crop of insurance subsidies, and … More

    A Trade War Averted For Now

    On April 6, last minute action by the Obama administration averted a near trade conflict with Brazil concerning the trade-distorting U.S. cotton subsidy programs. With the provisional deal, the U.S. avoided about $830 million in trade sanctions on over 100 American exports targeted by Brazil.  Those retaliatory tariffs would have … More

    Brazilian Tariffs: Test for President Obama's National Export Initiative

    In a retaliatory response to the U.S. government’s unwillingness to eliminate domestic cotton subsidies, Brazil has announced higher tariffs on over 100 American goods ranging from cars to ketchup. Trade issues are central to the bilateral relationship between Brazil and the United States. Brazil is an attractive export destination for U.S. … More

    Free Trade Fact of the Day

    In many ways the Bush Administration has fought hard for free trade … but they are far from perfect. As the Wall Street Journal reports, the White House finally lost its four-year effort to defend cotton subsidies from a complaint by Brazil in the World Trade Organization. If the US … More