Although today's complacency is unforgivable, overcoming it will not be easy. Conscious that they will lose if Doha fails, some big trade powers, notably Brazil, at last appear ready to compromise. But many still see the cost of failure as being lower than the short-term political price of success. India, in particular, is more worried about upsetting subsistence farmers than it is excited by the prize of freer trade in the services that now matter so to its economy. America, too, seems increasingly uncertain that the likely outcome of a Doha deal is worth the pain of facing down farmers. The latest Geneva talks got nowhere in large part because America refused to make bigger cuts in its farm subsidies (see article).
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In a few countries, notably Brazil and the U. S.
一些国家的钢材价格居高不下,尤其是巴西和美国。
More sensible powers, notably Brazil, should be much louder opponents of this nonsense.
那些更理智的国家,尤其是巴西,应更加大声地反对这种蠢话。
The view taken of Latin America – notably Brazil – is also gloomier than it was a year ago.
外界对拉美——尤其是巴西——的预测也要弱于一年之前。
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