Ambassador Peter Allgeier, US Trade Representative to the World Trade Organization made the following observations during a tête-à-tête with the media in Switzerland, yesterday.
Following are the salient points of the interview that has been reproduced in the attached PDF format.
• 47 countries involved in the Trade Policy Review
• US happy with the review on “openness of US Policy”
• US is the largest single importing country in the world
• US imported $2 trillion worth goods or $4 million every
minute
• US weighted average of tariff is 1.4 percent
• Last year 70 percent of our imports entered US market duty-
free
• US annual growth rate was 3.3 percent on an average for 11
years since joining WTO
• US strongly committed to conclude the Doha Round this year
with an ambitious package
• US seeks “whole range of policies” with China
• Rules of origin, agriculture subsidies, textiles key issues
• US non-commital over Turkey's textiles proposal
• US agriculatural subsidies expenditure within limits says
Ambassador Allgeier
Click to download the entire transcript of the tête-à-tête with the media.
Office of the United States Trade Representative
marketing@alchempro.com
