This study analyzed the cost to U.S. cotton producers of two policy alternatives under which the U.S. seeks to cut its total AMS payments for cotton by 60%. We considered two scenarios; the U.S. decides to act unilaterally versus conducting the policy initiative along with multilateral tariff...

The effects of Sino-US and Sino-EU safeguard agreements on US, China and world cotton and textile sectors are investigated using a partial equilibrium model. The effects are compared to a free trade scenario under the provisions of the Agreement on Textiles and Clothing (ATC). The two agreements...

This article compares how eliminating the U.S. cotton subsidy program and the Chinese cotton tariff-rate quota (TRQ) would affect the world cotton market. The results show China's TRQ has a greater negative impact on the world cotton market than do U.S. subsidies. Compared to a base-level...

This document is the technical annex to the full paper "Assessing the Impacts of the Chinese TRQ System and U.S. Subsidies on the World Cotton Market" which is available separately.

The Ministerial Declaration that emerged from the recently concluded World Trade Organization (WTO) ministerial conference in Hong Kong continued the efforts of members to reform and liberalize the world cotton market “…ambitiously, expeditiously, and specifically” (WTO, 2005). The special...

The United States has issued a proposal to the world trading community outlining several steps to jumpstart the stalled World Trade Organization (WTO) negotiations on agriculture. The proposal is intended as a challenge to members of the WTO to improve market access through “ambitious tariff...

Economic Fundamentals - Real GDP growth is projected to be stable at about 2.5% per year in developed countries and be around 5% in developing nations. A more favorable exchange rate between China’s currency and the U.S. dollar may make U.S. cotton more affordable to China’s growing cotton...