The World Trade Organisation has dealt the US a significant blow in a key trade battle by ruling that subsidies to its cotton farmers were unfair.
...
It is the first time that a country's domestic farm subsidies have been challenged and may prompt more cases.
The US has said it will appeal against the decision unless it is changed.
According to Brazil's complaint, the US paid its farmers almost $4bn (£2.2bn) in cotton subsidies between 2001 and 2002 for a crop that was worth $3bn.
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