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Originally Posted by Pierre
Chinese steel, not just the EU Single market but the global Market.
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Of course the biggest and longest running offenders are the EU with the Common Agricultural Policy.
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By encouraging overproduction, the CAP forced the EU to buy up surplus produce, which it then sold on cheaply in the developing world - undercutting local producers and damaging local economies. 'Dumping' of this sort, combined with high external tariffs for food imports, led to considerable international criticism of the CAP, notably at the Doha World Trade Organisation talks in 2003.
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From 2015
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The EU has finally agreed to eliminate export subsidies…three cheers!
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A breakthrough of sorts came at the Hong Kong WTO Ministerial Council meeting in December 2005 when the EU eventually conceded that export subsidies (where it was the biggest user) might be eliminated provided equivalent disciplines were introduced on export credits and food aid (widely used by the US) and state monopoly marketing boards (used by Canada and Australia).
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---------- Post added at 17:30 ---------- Previous post was at 17:28 ----------
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Originally Posted by Hugh
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One of 14 countries, so not exactly a minority EU view.