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Soviets ignore U.S. wheat offer despite subsidy rise
Senator Lugar criticizes Reagan administration for subsidizing U.S. wheat to the Soviet Union, noting Moscow has not purchased after a month. The plan to sell 4 million metric tons at cut rates aims to clear surpluses, but critics say the subsidy belittles policy. If not bought by Sept 30, the deal expires. Australia warns of a subsidy war and market distortion.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Soviet Union
Moscow
Richard Lugar
R-Ind
United States
Senate
Robert Dole
George Shultz
Shultz
Lugar
Senate Foreign Relations Committee
Dole
Mark Scanlon
Robert Hawke
Australia
Nixon
South Pacific