Question
Business newspapers and magazines, such as the Financial Times, The Wall Street Journal, Bloomberg Businessweek, and The Economist, include various statements made by economic analysts
Business newspapers and magazines, such as the Financial Times, The Wall Street Journal, Bloomberg Businessweek, and The Economist, include various statements made by economic analysts and business gurus.
When you read international business news, you will note that the Doha Round of trade negotiations have been stalled, largely reflecting the fact that Japan, the United States, and the EU are unwilling to cut agricultural subsidies to their farmers. Unless such cuts are made, other countries, especially the emerging economies, are unwilling to further reduce tariff barriers in other industrial sectors. The United States has decided to negotiate bilateral (e.g., with Colombia) or other forms of regional trade agreements instead. What do you think?
The ASEAN increased its FTAs: with India and South Korea in 2010 and with China in 2015. Yet, apart from the USMCA, there is no talk of an ASEAN-U.S. free-trade agreement. What do these developments mean to U.S. business?
Please provides references
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