DTB AgriTrade policy expert Ben Conner discusses the impact of India’s market-distorting schemes on rice trade with USA Rice Chair and CEO of Supreme Rice Mill Bobby Hanks and USA Rice VP of International Trade Peter Bachmann on The Rice Stuff podcast. Listen to the podcast to hear insights on what India’s unfair trade practices mean for the U.S. rice industry and actions the U.S. government and other global trade regulating bodies should take.
WTO rules were designed to limit the potential for subsidies to hurt the incomes of farmers in other countries. The WTO doesn’t limit the amount of subsidies governments can provide to farmers – you can subsidize farmers as much as you want – but there are limits to how much you can put into programs that influence the production of specific crops and that’s where India runs into trouble.
Ben Conner, Partner, DTB AgriTrade
Media Outlet | The Rice Stuff podcast |
Podcast Title | #39 India: The 20 Million Metric Ton Tiger |
Publication Date | February 8, 2022 |