Agricultural Trade Conflicts and GATT

Agricultural trade, always a source of international friction, will remain a contentious issue in the years to come. The GATT agreement achieved only partial trade liberalization; recognizing this, the agreement calls for a continuation of the negotiation process to achieve the long-run goal of a “substantial reduction in agricultural support and protection.†In any case, it is clear that U.S.-European Union (EU) agricultural trade relations will remain central to any future negotiation. In t