Sunday, November 19, 2006

Tariff Reduction: Your Problem Is Obvious

I really tried to do what you wanted
It all went wrong again
I figured it out, I can see again
--Bloc Party

It took a long time, but the sometimes the obvious solution isn't presented at negotiations until desperation sets in:
US, Japan cut farm subsidies
Steve Lewis, Hanoi
November 20, 2006

THE US and Japan have agreed on further steps to remove billions of dollars in farm subsidies, as part of a last-ditch push by regional leaders to force Europe to reopen stalled global trade talks.


In what would be a massive victory for Australian farmers, the Asia-Pacific bloc, including the US, China and Japan, said this included making "deeper reductions in trade-distorting farm support".

The unambiguous message to Brussels is a strong sign that Mr Bush is prepared to maintain his trade liberalisation agenda, despite the stronger protectionist sentiment in the US following the Democrats' congressional election victory this month.

Speaking in Hanoi, Mr Howard said the US President had made it plain he was "still very much committed" to the success of the Doha round.
Very Nice. You like?! I like!

Here's "Helicopters" by Bloc Party, just because it's awesome:

3 out of 5! 3 out of 5!

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