Peter Gallagher's blog follows trade issues closely. He posts here on the recent pre-Cancun U.S.-European Union agreement on trade: "Trans-Atlantic trade deal ", and here on an alternative proposal forthcoming from India, China, and Brazil: "The storm builds ". He notes that poorer countries restrict farm trade among themselves:
"Unfortunately, neither Brazil nor India has a strong record in opening their own agriculture markets. Brazil has an average agricultural tariff of about 35% with 96% of its agricultural tariffs higher than 15%. Almost half of India's agricultural tariff lines are above 100%."
Comments