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US subsidies disappointing: Cairns

17th August 2018

By: Anine Kilian

Contributing Editor Online

     

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Cairns Group Farm Leaders, which comprises a group of farm organisations from various agricultural exporting countries, including South Africa, has expressed concern about the US administration’s announcement that it will provide $12-billion to support US farmers affected by tariffs imposed on US agricultural exports.

The group said in a statement that these new subsidies would further distort global agricultural markets and hurt agricultural producers that receive little to no government support.

Instead of additional subsidies, Cairns Group Farm Leaders has called on the US administration to follow the advice of US farm organisations to restore market access for US agricultural goods and to end the trade war that has triggered the retaliatory tariffs that now negatively impact on the country’s agriculture.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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