Brazil’s Valor Econômico reports that the governments of Brazil and the United States have reached a temporary understanding to extend the bilateral accord that suspends Brazil’s World Trade Organization authorized retaliations against U.S. imports due to illegal subsidies to U.S….
Cotton
On the Road to Retaliation?
For over a decade Brazil and the United States have sparred over the latter’s agricultural support programs, largely within the institutional arena of the World Trade Organization. This commercial conflict came to a head in 2010 upon the WTO’s authorization…