Brazil is threatening to launch a full-blown trade war
against the U.S. over Cotton
Brazil is threatening to launch a full-blown trade war against the U.S. for ignoring an order by the World Trade Organization to stop subsidizing its domestic cotton growers. In June 2004 the WTO ordered the US to stop the more than $3 billion in subsidies to cotton farmers because the subsidy distorts global prices and violates international trade rules. However the Brazilian threat comes after the US stopped subsidizing Brazilian cotton farmers. So the question is -- is Brazil involved in bribery? Read the attached and you decide.
Reed http://www.thestate.com/2014/01/23/3222085/us-brazil-cotton-dispute-may-fuel.html
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