More than five years after Brazil won a decision in the WTO on US cotton subsidies and after all appeals have been exhausted, with the initial decision upheld, Brazil is finally talking specific sanctions:
Brazil will seek to break intellectual property rights on U.S.-made prescription drugs, music, books, software and movies in a bid to force the U.S. government to end cotton subsidies that violate global trade rules.
Brazil’s government submitted a list of products that may have royalties, copyrights and patents suspended as part of $829 million in retaliatory sanctions authorized by the World Trade Organization, according to a statement published today in the country’s official gazette.
And what is the predictable response from the GOP and their toadies? Place the blame on the current administration. So let's get this straight: because President Obama could not resolve in one year what the Bush administration effectively ignored for four years and the blame is solely on the current administration.
That self-awareness train rolls by and the GOP refuses to hop on board.
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