TRUMP’S $16 BILLION FARM BAILOUT CRITICIZED AT WTO –

The European Union joined China and five other World Trade Organization members in criticizing Trump administration’s $16 billion assistance program for U.S. farmers, indicating the bailout may violate international rules. The U.S. Department of Agriculture’s latest farmer assistance program could exceed America’s WTO subsidy commitments and unduly influence U.S. planting decisions, according to a document published on the WTO website on June 17. (Bloomberg)