Pressure Mounts on U.S. in WTO Cotton Dispute
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From Reuters
Pressure mounted on the United States to obey a world trade ruling outlawing some of its multibillion-dollar cotton subsidies.
The World Trade Organization rubber-stamped a ruling by its highest court upholding a complaint by Brazil against the farm aid and set the clock ticking for Washington to comply.
Brazil argued that the U.S. exceeded subsidy ceilings with its cotton support programs, worth $4 billion in 2001 alone.
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