India Asking U.S. to Drop $450 Million in Penalties

September 15, 2016 11:58 AM
 
 

India is asking the U.S. to drop its plans for $450 million in retaliatory penalties for noncompliance on a 2015 World Trade Organization ruling regarding poultry imports.

Several years ago, the country banned U.S. poultry over concerns about avian influenza.

The U.S. argued to the WTO that America hadn’t had an outbreak of the highly pathogenic avian influenza since 2004, while India had 90 such outbreaks between 2004 and 2014. 

The WTO has agreed with the U.S., however, India hasn’t reversed the ban, leading the U.S. to its decision to enforce $450 million in penalties.

On Tuesday, U.S. trade officials announced plans to file complaints against China for subsidies in the corn, wheat, and rice markets.

 

Back to news


 

Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close