The Traderszone Network

Published in TZ Latest News 9 November, 2014 by The TZ Newswire Staff

U.S. rules out major Trans-Pacific trade announcement at APEC

There will be no “major announcement” on a Washington-backed Asia-Pacific free trade deal during a meeting of leaders from the region in Beijing this week, U.S. Trade Representative Michael Froman said on Sunday. Few expected that a deal on the ambitious 12-country Trans-Pacific Partnership (TPP) could be reached this year, largely because of a deadlock between the pact’s two biggest economies, the United States and Japan, over how widely Japan will open its doors to farm exports.

read more