GENEVA — Brazil told a World Trade Organization forum Monday it could impose punitive sanctions of about $829.3 million because of the U.S.’ failure to scrap cotton subsidy programs found in breach of global rules.
A preliminary list published in Brazil’s official daily in November cited more than 200 products that could be targeted for high tariffs, including cotton yarn, cotton fabrics, denim fabrics with more than 85 percent cotton, men’s and boys’ trousers, knitted or crocheted fabrics of cotton and woven fabrics of nylon. Other products on the provisional list include agricultural products, machinery and equipment; pharmaceuticals, and chemical products.
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