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U. S. -Brazil Call A Truce On Cotton War

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washington/reuters The United States will change its export credit guarantee program and create an assistance fund to try to end a long-standing trade dispute over cotton with Brazil, the U. S. government said April 6.The last-minute agreement comes as Brazil was set to apply tariffs and lift patent protections on U. S. goods worth $829 million after a 2009 World Trade Organization ruling against U. S. cotton subsidies and export credit guarantees.

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