|O.k. Not exactly, but close:
The WTO ruled that the US cotton subsidies encouraged over-production and "dumping".
For a back story see below
It is amusing that John Birchers and other conservative anti-(world)-government and anti-tax-and-spend types like me owe a debt of thanks to the WTO for at least TRYING (the US will probably appeal) to stop one of the more egregious wastes of U.S. taxpayer money. As does the rest of the world.
If you haven't read
my original post below already you really should.