March 22, 2010 / Law Alert

Brazil vs. U.S. WTO Cotton Dispute Brazil Threatens to Impose High Import Duties on U.S. Products

Brazil’s government announced a bold initiative against the United States in retaliation for U.S. cotton subsidies earlier this month. On March 8, Brazil published a long list of U.S. goods subject to high import duties that will likely go into effect in 30 days, unless the two governments can reach an agreement before then. A second set of measures was just published on March 15 aiming at the U.S. pharmaceutical, movie and agriculture industries.