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Brazil cotton growers worried over U.S. subsidies dispute

Related Keywords: Brazil cotton grower, new farm law, US subsidies

Brazil cotton producers had challenged U.S. cotton subsidies at the World Trade Organization and won the right to impose $830 million in retaliatory tariffs on U.S. goods ranging from cars to milk powder. But sanctions were put on hold while Washington wrote a new farm law that was expected to eliminate the long-standing subsidies

Brazilian cotton producers visiting Washington were worried that the U.S. Congress would finish wrangling over farm policy in time to comply with international rules on cotton subsidies and avoid trade sanctions on U.S. exports to Brazil.

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