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"What we have is terribly distorted trade, driven by terribly distorted currencies and financial markets.
This month the World Trade Organisation (WTO) upheld its ruling that such subsidies distorted trade and breached limits agreed in 1994.
She told an audience of farmers the policy, costing billions of pounds a year, distorted trade and must change.
The environment secretary also said it was morally wrong that the CAP distorted trade by keeping prices artificially high in the EU while imposing import tariffs on developing countries trying to sell to Europe.
On December 31st, the Multifibre Agreement, a tortuous quota system that has ruled (and distorted) trade in textiles for 30 years, is due to expire.
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A Senate investigative committee has concluded that excessive speculation by commodity index investors has inflated the price of wheat and distorted trading in the wheat futures markets.
The huge demand for corn to feed the 178 US distilleries that now pockmark the mid-west has diverted the supply from food markets and distorted international trade.
The British economy was inefficient and distorted by excess trade union power, mostly exercised in the interests of relatively well-paid public-sector workers.
A deeply distorted global food trade, with subsidies making nonsense of market prices.
So... does trade sometimes get distorted, to the detriment of a country like ours?
But as a market economy, China would be exposed to antidumping charges brought because of unlawful financial subsidies, rather than distorted prices, Mr. Norton, the trade lawyer said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com