UPDATE 1-U.S. axes trade benefits for Brazil, India, others

Newswire

(Adds more detail from USTR statement) By Doug Palmer WASHINGTON, June 28 (Reuters) - The United States is terminating some trade benefits for India, Brazil and other developing countries under a program revamped late last year by Congress, U.S. trade officials said on Thursday. The decision comes just one week after an acrimonious meeting in Potsdam, Germany, between the United States, the EU, Brazil and India that failed to produce a long-awaited breakthrough in world trade talks. ...

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