Ron Burgundy Posted December 12, 2014 Share Posted December 12, 2014 By Tom Miles GENEVA (Reuters) - Talks on cutting trade tariffs on hundreds of information technology products collapsed on Friday, delaying and potentially scuppering a deal estimated to be worth $1 trillion to global trade. "This is potentially an enormous deal. We missed an opportunity here this week to conclude," U.S. Ambassador Michael Punke told reporters at the World Trade Organization (WTO). The talks aimed to update the WTO's 17-year-old Information Technology Agreement, which guarantees zero-tariff and duty-free trade on hundreds of products. ... View the full article Quote Link to comment Share on other sites More sharing options...
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