Brazil Does Not Target U.S. Pulp and Paper on Trade Retaliation List
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Brazil's government this past week released the final retaliation list on U.S. goods in its dispute over U.S. cotton subsidies, and the final list does not include pulp, paper, or wood products, AF&PA, Washington, D.C., reports. The World Trade Organization (WTO) had authorized Brazil to retaliate against the U.S. for non-compliance with its ruling in a dispute on cotton subsidies. A preliminary retaliation list issued by Brazil's government last November included several pulp and paper products with a value of about $120 million, which if included on the final list could have been subject to 10% tariffs.
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