Publication

Expiration of the WTO’s so-called Peace Clause on January 1, 2004, appears to have made US export and domestic support programs more vulnerable to legal challenge under WTO rules. This report examines U.S. commodity subsidy programs against an emerging set of criteria that test their potential vulnerability. The criteria are whether the subsidies cause adverse effects contributing to serious prejudice under the Agreement on Subsidies and Countervailing Measures (SCM).