Mexican Media Brands
Negotiators Near Accord on Trans-Pacific Partnership Trade Pact
Trade ministers meeting in the U.S. are close to an agreement on the free-trade Trans-Pacific Partnership pact, according to multiple media reports.
#economics
Share
Trade ministers meeting in the U.S. are close to an agreement on the free-trade Trans-Pacific Partnership pact, according to multiple media reports.
The 12-nation Pacific Rim agreement, which has been in negotiations for seven years, hinges on the resolution of one remaining issue: milk-based products. Delegates say it will be mainly up to the U.S. to break the impasse.
In July the delegates resolved debate during a meeting in Hawaii over vehicle tariffs, e-commerce, trademarks and environmental questions.
The TPP member countries are Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the U.S. and Vietnam.
RELATED CONTENT
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.
-
Porsche Doubles EV Target for 2025
Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.