U.S., EU, others float changes to improve transparency on subsidies at the WTO

The U.S., the European Union and a few other closely allied countries have revived a U.S. proposal to codify certain question-and-answer practices related to subsidy notifications at the World Trade Organization, with the goal of improving transparency. The new proposal , made public on Thursday, was put forward by the U.S., the EU, the United Kingdom, Japan, Australia and Canada. It says WTO members should respond to questions from other countries about their subsidies in written form and “to the...