Peru’s Corn Case May Be The Canary In The Coal Mine for American Support Retaliation — Panjiva
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Peru’s Corn Case May Be The Canary In The Coal Mine for American Support Retaliation

Ags - Grains/Beans 162 Peru 34 Tariffs 1169 U.S. 3297

The government of Peru has launched an anti-subsidy case against American corn exports. Export guarantees and insurance support are cited as part of a program equivalent to 11% of the market corn price. It comes ahead of a $12 billion support program for American farmers in reaction to duties applied by China and the EU among others and so may be extended. The Peruvian case may also be the first of many regarding American farming support. Peru’s imports from the U.S. climbed 27% in the second quarter on a year earlier and accounted for 94% of the total. The case is minor for American far...

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