A bipartisan group of U.S. Congressmen are asking USTR Katherine Tai and the Biden Administration to mount a WTO challenge to India’s use of agricultural subsidies for wheat and rice. Washington has issued multiple counter-notifications to the WTO that highlight how much India is understating its level of subsidization. Instead of meeting its 10 percent de minimus limit, the U.S. contends that 94 percent of the rice crop value is subsidized and 81 percent of the wheat.   India might argue that the subsidies are necessary to improve food security but much of the increases in production has been diverted into exports. Rice suppliers Thailand and Vietnam should especially want to join a U.S.-led challenge to New Delhi. India&r...

TAGS – Wheat, Softs, India