AS/COA Online | Brazil Raises Stakes over U.S. Cotton Subsidies
/Brasilia took a simmering trade dispute with Washington a step further this week when it announced intentions of suspending a number of U.S. patents and copyrights. The measure builds on a March 8 decision to impose tariffs on over a 100 American goods unless the United States abides by a World Trade Organization ruling that deems illegal Washington’s $3-billion subsidies on cotton. The United States has until April 7 to find a solution before Brazil’s multimillion-dollar retaliations take effect.