Pros And Cons Of Brazil V. US

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In 2002 brazil sued the United States through the WTO, claiming that the US subsidized US cotton farmers, and gave them an unfair advantage against other countries. The WTO agreed with brazil, and gave them permission to impose tariffs on the US and remove US patent protection on products sold in brazil. This could have caused a huge effect on the US economy, not only on the farming industry but on every market in the US. In response to the lawsuit the US wanted to keep the subsidizes on the US cotton farmers, so instead of removing the subsidizes they gave brazil cotton famers a 150 million subsidize. The pro’s for subsidizing agricultural is that it helps us be self sufficient, and not rely on other countries for our nations needs of agriculture

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