November 11, 2014

OUR REPUBLICAN PRESIDENT:

US and China reach breakthrough in tech trade talks (The Guardian, 11 November 2014)


China and the United States have reached a breakthrough in talks on eliminating duties on information technology products, a deal that could pave the way for the first major tariff-cutting agreement at the World Trade Organisation in 17 years.

The breakthrough would allow the "swift conclusion" on talks to expand the Information Technology Agreement (ITA) at the WTO in Geneva later this year, United States Trade Representative Michael Froman told reporters on Tuesday. It would reduce global tariffs on such products as medical equipment, GPS devices, video games consoles and next-generation semiconductors.

And he's got a Congress that will move his agenda quickly.
Posted by at November 11, 2014 1:36 PM
  

blog comments powered by Disqus
« THE INFORMATION REVOLUTION IS ABORNING: | Main | WHAT HAS BEEN FORGOTTEN: »