DOHA MINISTERIAL: DAY 2
D Ravi Kanth / Geneva July 23, 2008, 0:29 IST

As the negotiating chips are slowly unveiled in the make-or-mar Doha trade negotiations, the United States announced today that it will reduce its overall trade-distorting domestic support (OTDS) to $15 billion as compared to a range between $13 billion and $16.4 billion.

With OTDS being central issue trade negotiators said the latest move by the US was too little compared to its last year spending level of about $7 billion.