New Sensitive Product and SP Papers

Below are links to two new documents. The first is the Sensitive Products paper prepared by the U.S., EU, Japan, Brazil, Canada and Australia. The second is a NEW Special Products paper by the U.S. et al.

Proposal to Deal with Sensitive Products, April 2008
http://www.tradeobservatory.org/library.cfm?refID=102252

U.S. et al Proposal on Special Products, April 2008
http://www.tradeobservatory.org/library.cfm?refID=102251

The Special products paper proposes 8 percent tariff lines, 4 percent to take a 25 percent cut, 4 percent to take a 15 percent cut and the possibility of having some tariff lines exempt from any tariff cut. The Sensitive Products paper is almost impossible to understand. I will try to send out a short and simple explanation in the next few days.