U.S. Pays Brazil $300M to End Cotton Subsidy Dispute

The video discusses a long-standing dispute between the US and Brazil over cotton subsidies, which began with a WTO complaint in 2002. The recent settlement removes the threat of Brazilian retaliation, impacting not only agriculture but also areas like intellectual property. The resolution process involved changes in US farm policy and was delayed by factors like government shutdowns. The video also explores how global market changes have influenced the dispute and what the future might hold for cotton prices.

What role did the WTO play in the cotton dispute between Brazil and the US?

How did the global cotton market change during the time of the dispute?