Archive - Jul 14, 2005

As the U.S. House of Representatives moves closer to a vote on the Central American Free Trade Agreement (CAFTA), much of the debate over the economic costs and benefits to all potential signatories remains unclear.

At the wrap-up of the latest informal trade ministerial meeting conducted by the World Trade Organization yesterday, Deputy US Trade Representative Peter Allgeier made a strong case for a two-coefficient simple 'Swiss' formula to cut industrial tariffs.