Latest news and articles about trade negotiations from NEX English
US Trade Representative, Robert Lighthizer, announced that negotiations on the free trade agreement between the United States, Canada, and Mexico may continue past the July 1 deadline. This comes as the three nations seek to enhance economic cooperation amid rising global challenges.
U.S. Trade Representative Jamison Greer criticized the World Trade Organization (WTO) for failing to reach an agreement on extending the suspension of tariffs on e-commerce. This criticism followed the conclusion of the WTO's ministerial conference in Cameroon without any progress.
Negotiations aimed at reforming the World Trade Organization (WTO) are facing a significant stalemate, with little progress made, raising concerns about the future of global trade. Diplomats involved in the talks have indicated that discussions regarding the extension of the temporary suspension of tariffs on electronic transactions have not seen any breakthroughs so far.
Recent reports indicate that rising gas and oil prices jeopardize the food supply chain from farmers to consumers. This situation may reignite discussions on reopening trade negotiations, raising concerns about a return to inflation similar to that experienced during the 2022 crisis.