US tries to avert Brazil retaliation over cotton subsidies

The United States is “negotiating” with Brazil and trying to avert the potential imposition of $830 mln in retaliatory tariffs in the decade-old cotton dispute, AgSec Vilsack told the Senate Agriculture Committee. Brazil won a World Trade Organization case against U.S. subsidies several years ago and repeatedly held off retaliation while working with the United… » Read More

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