U.S. Subsidizes Companies to Buy Subsidized Cotton

Article Abstract:

The Environmental Working Group used the Freedom of Information Act to access data on agricultural subsidies that not only make payments to cotton farmers but also to cotton manufacturers which buy cotton from subsidized farmers. Known as the upland cotton marketing certificate program, it was created in 1990 to help American manufacturers whose cotton-based products were more expensive than foreign imports. Brazil has filed a lawsuit with the WTO to force a change in US cotton subsidies and develop fairer trading practices.

Brazil, Labor Distribution by Employer, Agricultural industry, Statistics, Unfair competition (Commerce), Unfair competition, Agricultural subsidies, Cotton industry, Cotton trade, Louis Dreyfus Corp. Allenberg Cotton Company Div., Dunavant Enterprises Inc.

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Europe Is Lifting Trade Sanctions on U.S

Article Abstract:

The European Union has decided to lift sanctions that it had placed on American goods because Congress has decided to repealed tax cuts for exporters that the World Trade Organization had ruled were illegal.

Europe, International economic relations, Taxes, Taxation, Economic aspects, Trade policy

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U.S. to Begin Trade Case Over Airbus

Article Abstract:

The United States will bring a case to the World Trade Organization regarding the government subsidies given to aircraft maker Airbus S.A. by the European Union.

Government expenditures, France, Aircraft, Aircraft industry, Boeing Co., BA, Airbus S.A.S., Government finance

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