US gains peace with Brazil on cotton with $300 million pact

Brazil agreed to end a decade-old World Trade Organization case against U.S. cotton subsidies and to a peace clause for the life of the 2014 farm law in exchange for $300 million and technical assistance for its cotton sector. A memorandum of agreement sets constraints on U.S. use of export credit guarantees. U.S.-Brazil accord removes… » Read More

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