US and Brazil Reach Deal on Cotton

By Mira Olson, Contributing Reporter

RIO DE JANEIRO—The United States and Brazil reached a provisional agreement last week regarding a long-standing dispute over American subsidies to domestic cotton farmers. The deal was announced on April 6th, one day before Brazil would have begun implementing retaliatory sanctions worth US$830 million.

Eddie Smith, a cotton producer from Texas and the chairman of the National Cotton Council of America, announced . . .

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