Threat of action over US cotton resurfaces in Br - sportstextiles: Lea SportsTextiles

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Threat of action over US cotton resurfaces in Brazil

03/01/2013
Reports from Brazil suggest the South American country may impose sanctions on imports of US cotton in response to a decision in Washington to give $5 billion in subsidies to US cotton farmers in 2013.

At the start of this year, the US Congress passed an extension to an existing Farm Bill, which includes the agreement to support cotton farmers.

Commentators in Brazil have said the move to prolong the cotton subsidies may provoke “retaliation”; subsidies to cotton farmers was one of the issues over which Brazil has complained about the US to the World Trade Organization.

An earlier threat to impose sanctions was lifted in 2012 when drafts of a proposed new Farm Bill suggested the US would end direct subsidies to cotton farmers.


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