USDA says it will stop cotton payments to Brazil as part of dispute over subsidies

WASHINGTON — Agriculture Secretary Tom Vilsack says the United States will cease paying a $147 million annual settlement to Brazil that is part of a long-running trade dispute over cotton subsidies. The United States agreed to pay the money to Brazil in 2010, just as the South American country said it would raise tariffs on hundreds of millions of dollars in American goods. Stopping the …

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