U.S. Settles WTO Cotton Case

Farm Groups Laud Deal Ending Long-Standing Dispute with Brazil

Jerry Hagstrom
By  Jerry Hagstrom , DTN Political Correspondent
A WTO panel had sided with the Brazilian government and its cotton producers in their case that the U.S. cotton subsidies violated WTO rules and had caused them damages because the subsidies led to overproduction and low world prices. (DTN/The Progressive Farmer file photo)
The U.S. government agreed on Wednesday to pay $300 million to the Brazilian Cotton Institute to settle the trade dispute between the United States and Brazil in the World Trade Organization over U.S. cotton subsidies.

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Jerry Hagstrom