Related Keywords: cotton industry, cotton retaliation, US tariffs list
The World Trade Organization gave Brazil the formal go-ahead to impose sanctions on U.S. imports last November after the body ruled the U.S. government spent too much on subsidies for cotton farmers and on an export credit guarantee program. As part of retaliation in a long-standing dispute over U.S. cotton subsidies, Brazil came out with a list of U.S. goods subject to import tariffs on Monday.
