- On May 4, the United States issued the first ever World Trade Organization (WTO) counter notification for agricultural products. All WTO Members are required to report annually (notify) on the products imported or exported by State Trading Enterprises (STEs) as well as notify for the STEs themselves. If a Member believes that another Member has provided incorrect or incomplete information, the Member may counter notify the WTO on behalf of the first Member.
- The United States alleges that India provided high subsidies for rice and wheat, requiring reporting as an STE.
- Rice and wheat industry groups have issued statements lauding the counter notification. The counter notification appears to be part of White House and United States Department of Agriculture efforts to protect U.S. farmers in the trade war with China.
The Daily Intake
Legal and Regulatory updates for the food and supplement industry