The World Trade Organization (WTO) delivered a major setback to American consumers and producers earlier this year when it ruled against the U.S. Country-of-Origin Labeling (COOL) law, which requires muscle cuts of meat, and some fruits and vegetables, to be labeled with the country’s name where it was produced. The good news is that the U.S.
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India wants solution on subsidies from WTO talks, continuation of Doha round
With less than a fortnight left for the WTO ministerial in Nairobi, India has stated its expectations from the crucial meeting.
Business Barometer: Small business optimism muted in November
Small business optimism remained muted in November and showed little change from the previous month. The latest Business Barometer® Index reading was 58.7—only 0.2 points from October's 58.9, but below sentiment recorded in the first half of the year.
All But Quiet on the Currency Front
Having fun yet? The global currency jolt over the past 17 months is making theme parks jealous. Try as we may, we just don’t seem to have the formula for ending large shifts like this. Keynes tried his best back in the 1930s. Globalization was supposed to help. Derivatives were thought to be the latest remedy. Instead, movements seem to have become more dramatic.
Trade Pact to ‘Significantly Enhance’ U.S.-Canada Trade
The Trans-Pacific Partnership offers an opportunity to “significantly enhance” cross-border trade between the U.S. and Canada, Washington’s top diplomat in Ottawa said.
U.S. Ambassador to Canada Bruce Heyman [has] told a Toronto business audience the TPP agreement would allow U.S. and Canadian manufacturers to fortify their regional supply chains...