Globally, each year, contaminated food causes almost 1 in 10 people to fall ill and 420,000 deaths, highlighting the safety of food imports. But, with the increased role of international trade in our food system, food import rejects may be subject to pressure for import protection. In this article, authors explore whether the application of food import rules has been influenced by demand for protection.
Balistreri investigates the WTO’s dispute-settlement mission, which is now under significant threat through the United States’ blocking of new appointments to its Appellate Body. Without an operating Appellate Body the technical process for resolving disputes hits a dead end and effectively allows the US to avoid its agreed commitments to an orderly global trading system.
In mid-2019 a new trade war between Korea and Japan started heating up, while the U.S.-China trade war held the spotlight. This paper documents the recent Korea-Japan trade dispute and quantifies its economic impacts.
The U.S. sugar program relies on import quotas and domestic supply controls to keep producer prices elevated. John Beghin evaluates the effects of this program, including its impact on consumers and the food processing industry.
In a new paper for EuroChoices, Yeutter Institute authors John Beghin and Jill O’Donnell review major developments in trade in the last 20 years, paying particular attention to agriculture and how the World Trade Organization can adjust to new circumstances.
Agriculture producers worldwide are facing higher fertilizer prices. The World Bank reported a 66% increase in fertilizer prices in 2021 and anticipates potassium fertilizer prices to sharply increase in 2022. What explains these steep increases in most fertilizer prices?